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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PRESIDENT BUHARI GREETS EMEFIELE, CBN GOV AT 60 .{PHOTO}.#PRESS RELEASE..

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President Muhammadu Buhari rejoices with Mr Godwin Emefiele, Governor, Central Bank of Nigeria, as he turns 60 August 4, 2021. 

The President appreciates the economist/banker for his patriotic service to the country at a time of stiff economic challenges, praying that his efforts will yield positive dividends for the generality of Nigerians to reap from. 

President Buhari equally wishes the CBN Governor good health and greater service to fatherland. 

Text of the letter below: 

“It gives me great pleasure to rejoice with you on the occasion of your Diamond Jubilee. Kindly accept the felicitations of myself, family and Nigerians at this auspicious milestone. 

“As Governor of Nigeria’s Apex Bank, you have rendered selfless service to your country at a most challenging period of our economic development, and I salute your commitment, passion and doggedness. As you continue to build on these achievements, it is my hope that your efforts translate to more positive results on the nation’s economy for improved living standards we envisage for our people. 

“While using this medium to pray Almighty God to bless you with many more years in good health and service to your fatherland, please accept my best wishes and personal regards.”

 

Femi Adesina

Special Adviser to the President

(Media and Publicity)

August 3, 2021

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