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

FG TO PARTNER WITH SENEGAL, OTHER WEST AFRICAN COUNTRIES ON THE POWER GENERATION.{PHOTO}.#PRESS RELEASE..

FEDERAL MINISTRY OF POWER

 

PRESS RELEASE

FG TO PARTNER WITH SENEGAL, OTHER WEST AFRICAN COUNTRIES ON THE POWER GENERATION

 

The Minister of State for Power, Mr. Goddy Jedy-Agba, OFR has said that the Federal Government is ready to partner with the Government of Senegal as well as other West African countries on power generation, in order to achieve positivity in the area of power, energy and rural electrification.

He stated this recently when the delegation from Senegal, led by the country’s Minister of Petroleum and Energy, Ms. Aissatou Sophie Gladima payed him a courtesy visit in Abuja Nigeria.

The Minister stated that as the world prepared for COP26, it was important for West African countries to discuss and come up with strong position that would represent the interests of the region and continent.

Agba, who identified funding as the major challenge affecting the Power sector in Africa, called on the United Nations and the World Bank to support the continent to develop its renewable energy sources. 

The Senegalese Minister of Petroleum and Energy, Aissatou Sophie Gladima,   said she was in Nigeria to seek how her country would collaborate with Nigeria in the area of electricity and power generation, noting that electricity deficit is a common problem in Africa.  However, there is need to work closely together to find sustainable solutions to the challenge.

The Permanent Secretary, Mr. William Alo, in his welcome speech said Nigeria and Senegal have many things in common, and working together would benefit both countries, immensely.

 

Austin N. Asoluka

DD (Press)

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