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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AIEC ANNUAL AFRICAN ENTREPRENEURS CONFERENCE TAKES PLACE FROM 23-30 OF NOVEMBER 2021.{PHOTO}.#PRESS RELEASE.

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 For immediate release


African Entrepreneurs to gather.


The AIEC Annual African Entrepreneurs Conference will take place from 23 to 30 November 2021 in Cape Town, South Africa   The ground-breaking landscape of Africa was announced by The African Innovation & Entrepreneurship Centre and Africa Women in Trade.  It is set to revolutionize the business landscape of   Africa.



Focal points of the conference

We believe there is a need to connect young people and women with captains of industry, business management opportunities, skills development facilitators, entrepreneurs, financial strategists, technological innovators and government regulators to stimulate their entrepreneurship interest.


We are looking to partner with organizations that aspire to grow investment into Africa. Partnering with AIEC Annual(African Entrepreneurs Conference) offers a platform across the entire African continent, and also access to many of the continent's most prominent business leaders.


The African Innovation and Entrepreneurship  Centre focus on strengthening the capacity of young people and women to enable them to take charge of their own lives and futures. 


It also focuses on development, advisory, capital sourcing and creating transnational trading opportunities for emerging entrepreneurs and micro-enterprises. 



Participating countries

Global leaders, industry experts, academia and regulatory authorities are scheduled to share the stage and cover business topics in organized clusters from the following countries:.

:Republic of Ghana, Democratic Republic of Congo, Republic of Kenya, the Island of Mauritius, Swaziland, Botswana, Republic of Zimbabwe, Republic of Namibia and Nigeria.


The conference, among others, seeks to achieve the following objectives:

Kindle business innovation development

Promote tactics and campaigns for entrepreneurial success

Facilitate the exchange of best business practices, skills and knowledge

Facilitate across National Borders Trading (import and export) and investment partnerships

Develop strategies on poverty alleviation in Africa through entrepreneurship. 

Business continuity during and post Covid 19. Innovation and Intellectual property. Value addition and Industrialisation. Go to Market Strategy.

Research studies echo that entrepreneurship is one of the solutions that stimulate the economy and create much-needed jobs.


“Africa needs to breed more entrepreneurs in order to kick out poverty from the continent and the best start for this initiative is good education and mentorship programs". Says Oliver Chikodzore Business Strategist Expert & Author.

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