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 TO ATTEND EXPO 2020 DUBAI .{PHOTO}.#PRESS RELEASE

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PRESIDENT BUHARI TO ATTEND EXPO 2020 DUBAI 


President Muhammadu Buhari departs Abuja today Wednesday to attend EXPO 2020 Dubai in the United Arab Emirates (UAE).


EXPO 2020 Dubai, with the theme, "Connecting Minds, Creating the Future", creates the environment for Nigeria to join over 190 countries to forge true and meaningful partnerships "to build a better future for everyone.”


The Expo will provide another opportunity for the Nigerian delegation to highlight significant strides in the economy in the last six years as a basis for making the country an important destination for foreign direct investment.


Aside touring the Nigerian Pavilion at the Expo on Friday, Nigeria’s National Day, the President will also receive in audience prospective investors as well as meet with His Highness, Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of the Emirate of Dubai.


On Saturday, President Buhari will be the Special Guest of Honour at the special Trade and Investment Forum themed: Unveiling Investment Opportunities in Nigeria. It is put together to mark Nigeria’s presence at the gathering by the Ministry of Industry, Trade and Investment.


The President will be accompanied by the Ministers of Foreign Affairs, Geoffrey Onyeama; Industry, Trade and Investment, Otunba Adeniyi Adebayo; Finance, Budget and National Planning, Hajia Zainab Shamsuna Ahmed; Defence, Maj.-Gen. Bashir Magashi (retd);  Aviation, Senator Hadi Sirika; and Agriculture and Rural Development, Dr. Mohammad Abubakar.


Others are: Ministers of Health, Dr. Osagie Ehanire; Communications and Digital Economy, Dr. Isa Ali Pantami; Mines and Steel Development, Arc. Olamilekan Adegbite; Minister of State, Industry, Trade and Investment, Amb. Maryam Katagum, the National Security Adviser , Maj.-Gen. Babagana Monguno (retd), Director-General of National Intelligence Agency, Amb. Ahmed Rufai Abubakar and the Chairman/CEO Nigerians in Diaspora Commission , Hon. Abike Dabiri-Erewa.


 


President Buhari is expected back in Abuja on Sunday, December 5, 2021.


 


Femi Adesina


Special Adviser to the President


(Media & Publicity)


December 1, 2021

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