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 NOMINATES BOARD MEMBERS FOR EFCC, UPSTREAM REGULATORY COMMISSION, NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM REGULATORY AUTHORITY.[PHOTO].#PRESS RELEASE.

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 PRESIDENT BUHARI NOMINATES BOARD MEMBERS FOR EFCC, UPSTREAM REGULATORY COMMISSION, NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM REGULATORY AUTHORITY

President Muhammadu Buhari has written the Senate to confirm appointments of the Secretary and Board members of the Economic and Financial Crimes Commission (EFCC); Chairman, Chief Executive and Executive Commissioners for the Upstream Regulatory Commission; and Chairman, Chief Executive and Executive Directors for the Nigerian Midstream and Downstream Petroleum Regulatory Authority. 

In letters to President of the Senate, Ahmad Ibrahim Lawan, the President said he was acting in accordance with the provisions of the different laws governing the establishments. 

Nominees for the EFCC Board are; George Abang Ekpungu, Secretary of the Commission (Cross River); Lukman Muhammed, (Edo), Anumba Adaeze (Enugu), Alhaji Kola Raheem Adesina (Kwara), and Alhaji Yahaya Muhammad (Yobe). 

For the upstream Regulatory Commission, Isa Ibrahim Modibbo is nominated as Chairman; Engr. Gbenga Komolafe, Chief Executive; Hassan Gambo, Executive Commissioner, Finance and Accounts; and Ms Rose C. Ndong, Executive Commissioner, Exploration and Acreage Management. 

Chairman nominee of the Nigerian Midstream and Downstream Petroleum Regulatory Authority is Idaere Gogo Ogan; Engr. Sarki Auwalu, Chief Executive; Abiodun A. Adeniji, Executive Director, Finance and Accounts; and Ogbugo Ukoha, Executive Director, Distributions Systems, Storage and Retail Infrastructure. 

President Buhari urged the Senate to consider and confirm the nominees in an expeditious manner. 


Femi Adesina

Special Adviser to the President

(Media and Publicity)

September 21, 2021

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