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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NIGERIANS NOT REGRETTING OUR BACK-TO-THE-LAND POLICY, PRESIDENT BUHARI TELLS EX-ETHIOPIAN PM.{PHOTOS}.#PRESS RELEASE

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The focus on agriculture by the current government is paying off handsomely, and Nigerians are not regretting it, President Muhammadu Buhari has said. 


The President spoke Friday at State House, Abuja, while receiving in audience former Prime Minister of Federal Democratic Republic of Ethiopia, His Excellency Ato Hailemariam Dessalegn Boshe. 


He added: “We needed to go back to the land, as petroleum could no longer sustain the country, particularly with fluctuating prices. Today, we eat what we grow, and we have stopped importation of many food products. There’s no foreign exchange to even waste again. 


“Agriculture has also helped us to generate employment. We have embraced technology, and some people are even leaving the offices to go back to the land. And they are not regretting it. That is the feedback we get.” 


The former Prime Minister congratulated President Buhari for achievements Nigeria has attained under him, especially in agriculture, and for successful management of the COVID-19 pandemic. 


Saying he was in the country on the auspices of Alliance for Green Revolution in Africa, His Excellency Boshe noted that the organization was working in 16 countries in Africa, “and if we want to change anything in the continent, it must start with Nigeria.” 


He stressed that Africa must emulate what is happening in other parts of the world as regards agriculture, and with Nigeria having achieved greatly, being able to stop rice importation, “we want to champion the Nigerian policy at the continental level. We should have a common African voice on food self-sufficiency. Africa can feed the globe.”


 


Femi Adesina


Special Adviser to the President


(Media and Publicity)


July 2, 2021.

More photos below.

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