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
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LAI MOHAMMED DESCRIBED THE PURPORTED SALE OF $875M WEAPON CONTRACT BETWEEN U.S AND FG AS FAKE NEWS.{PHOTOS}.

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The Hon. Minister of Information and Culture, Alh. Lai Mohammed, has described as #Fakenews, the purported sale of $875Million Weapons contract between the United States Government and the Nigerian Government 

Speaking with Media men in his office today, the Minister explained that apart from the 12 AH-I-Cobra attack helicopters of which Nigeria has taken delivery of six, he said he was not aware of any contract as being speculated.

The Minister said the received AH-1- Cobra Attack helicopters would be launched sometime in August.

One more photo below.

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