LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep

FMST TO COLLABORATE WITH CUBA ON VACCINE PRODUCTION.{PHOTO}.#PRESS RELEASE..

The Minister of Science and Technology, Dr. Ogbonnaya Onu said that Nigeria is working very hard to produce a locally made vaccine to enable its Professionals and Scientists be involved in the production process.


The Minister said this when the Cuban Ambassador to Nigeria, Her Excellency Clara M. Paulido-Escandell paid a courtesy visit in his office on Monday, in Abuja.


Dr. Onu further said that the essence of production of the vaccine locally will help the country  create job and equally reduce poverty levels


He further stated that Nigeria is intensifying its effort in research towards the production of Covid-19 Vaccine so that other countries can benefit.


Dr. Onu reiterated that Nigeria will leverage on the existing bilateral relationship between the two countries to work together in other areas for the mutual benefit of both countries.


According to the Minister, already, there are claims for the disease cure, which presently is being investigated at various levels and undergoing clinical tests.


He also stressed the need for Nigerian Professionals and the organised private sectors (OPS)to ensure  that the Executive order No. 5 is fully  operational, adding that if any Nigerian professional suffers any unfairness in the procurement process the Ministry should be notified.


In his words “we want all Nigeria Professionals to be at the centre of economic activities in the country and we believe strongly is the only way that enterprises, cooperation, growths will become very strong’


Earlier, the Cuban Ambassador to Nigeria, Her Excellency Clara M. Paulido-Escandel acknowledged that her last visit to the Ministry availed her with the opportunity of working with some Agencies such as National Bio-technology and Development Agency (Nabada) and Shetsco development Institute to further achieve the local vaccine production. She also warned against the rising  cases of  New COVID-19 variant.


 


Irondi  Ifeoma

And

Maryam Zakari.

13th July, 2021.

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