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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CYBERCRIME: EFCC COLLABORATES WITH CBN,BOA,BOI,NEXIM OTHERS TO RE-ORIENTATE YOUTH. (PHOTOS).#PRESS RELEASE.

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Cybercrime: EFCC Collaborates with CBN, BOA, BOI, NEXIM Others to Re-orientate Youth

The Economic and Financial Crimes Commission, EFCC, is partnering with relevant Stakeholders on how best to redirect the potentials of the youth and expose them to available opportunities for productive living instead of engaging in cybercrime.

The stakeholders are: Central Bank of Nigeria, CBN; Bank of Industry, BOI; Bank of Agriculture, BOA; Nigerian Export Import Bank, NEXIM; National Directorate of Employment, NDE and National Information Technology Development Agency, NITDA.

Speaking at the inaugural meeting with the Stakeholders on Tuesday, 2nd March, 2022, at the EFCC headquarters, Spokesperson for the Commission, Wilson Uwujaren, said that to kick-start the programme of exposing the youth to available opportunities, a sensitization seminar is being planned for the end of the month.

“The event tagged: “The Clarion Call against Cybercrime: Salvaging the Future of Nigerian Youths,” is part of the economic and financial crimes prevention efforts of the Commission and is expected to increase anti-corruption awareness among a new generation of Nigerians”, he said.

According to him, “the essence of this collaboration is to seek to empower the youth to leverage through partners, opportunities for skills acquisition and entrepreneurship. We must redirect the potentials of the youth targeted at re-orientating the youth and exposing them to opportunities for productive living instead of cybercrime.

“Your agency has been selected to make a presentation on legitimate avenues through which the youth can access support instead of the temptations presented by cybercrime”, he explained.

Among the participants at the inaugural meeting were Oluwaseun Tubi and Hyellamada Goje, BOI; Bala Abdullahi and Odo Patrick, BOA; Mohammed Awami and Umara Gubio NEXIM Bank; Engr. Abba Muktar and Dr. Lawan Ahmed, NITDA while Isa Abdu and Folarin K. Martins represented NDE. 
More photos below. 

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