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

PRESIDENT BUHARI URGES PEACE, STABILITY IN ETHIOPIA AS PRIME MINISTER ABIY AHMED BEGINS SECOND FIVE-YEAR TERM.[PHOTOS].#PRESS RELEASE.

 President Buhari at the Inauguration of Ethiopian Prime Minister Abiy Ahmed in Addis Ababa on 4th Oct 2021



PRESIDENT BUHARI URGES PEACE, STABILITY IN ETHIOPIA AS PRIME MINISTER ABIY AHMED BEGINS SECOND FIVE-YEAR TERM

 

President Muhammadu Buhari Monday in Addis Ababa, called for peace and stability in Ethiopia, amid the many challenges facing the East African country.

 

In his goodwill message at the inauguration ceremony of Prime Minister Abiy Ahmed for a second-five year term in office, the President pledged that Nigeria would continue to support the unity and territorial integrity of Ethiopia.

 

''We are well aware of the many challenges facing the people of the Federal Democratic Republic of Ethiopia, and we encourage all parties to come together in the interest of the unity, progress and wellbeing of Ethiopia.

 

''Your Excellency, you therefore have a great opportunity to continue to work for the peace and stability of Ethiopia,’’ he said.

 

The President delivered his message in the presence of African leaders and a jubilant crowd of Ethiopians at the Meskel Square.

 

He told the newly inaugurated Prime Minister that Nigeria, like many other countries, was counting on his leadership to unleash the great economic potentials of Ethiopia by expanding investment opportunities, deepening relations and building trust at home and abroad.

 

Speaking on the elections that brought the 2019 Nobel Peace Laureate back to power, President Buhari said:

 

''I commend the courage and commitment of the people of Ethiopia to the values and principles of democracy.

 

''I strongly believe that the outcome of the elections held in June is a reflection of the desire of the Ethiopian people for transformation through a free, fair and credible electoral process.’’

 

The Nigerian leader noted that Abiy’s victory at the election, clearly affirmed the confidence of the Ethiopian people in his leadership, courage and credentials, adding that it also underscores the years of his contributions to the development of Ethiopia’s modern democracy.

 

While wishing the Prime Minister a successful tenure in office, the President said he looked forward to more fruitful and robust engagements between the two countries.

 

The Presidents of Uganda, South Sudan, Djibouti, Senegal, Kenya, Somalia and the Prime Minister of the Democratic Republic of Congo attended the event.

 

Femi Adesina

Special Adviser to the President

(Media & Publicity)

October 4, 2021.

More photos below.

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