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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FISHERY: GOV. ZULUM OFFERS FIVE VEHICLES,STIMULUS TO MONGUNO DEALERS. (PHOTOS).#PRESS RELEASE.

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Fishery: Zulum offers five vehicles, stimulus to Monguno dealers

… Warns against pro-Boko Haram trades

Borno State Governor, Professor Babagana Umara Zulum in Monguno, directed the release of five vehicles and a business grant as stimulus to fish marketers. 

Zulum’s offer, issued during an interactive meeting with fish dealers in Monguno town during his visit that ended Saturday, aimed to enhance the trading of dried fish previously suspended as a result of the activities of Boko Haram insurgents.

The Governor was in Monguno to supervise the distribution of N275m alongside bags of food items and textiles to over 90,000 IDPs and vulnerable members of the host communities, which he did from Thursday to Saturday. 

Economic activities in Borno were disrupted due to Boko Haram’s attacks on security forces and communities, which led to the displacement of millions of people.

Before the insurgency, which disrupted business activities in most communities in Borno, dry fish was commercially supplied to other parts of Nigeria and to the neighbouring countries.

Zulum has since 2019 directed disbursement of billions of naira aimed at supporting business owners whose sources of livelihood were crippled by over a decade conflict in the northeast.

… Warns against pro-Boko Haram trades

Meanwhile, Governor Zulum has warned fish traders against any business deals that can support funding to Boko Haram/ISWAP. 

“I warn you not to be involved with any illicit transaction that can jeopardize the security of our people. Anyone caught associating with criminal elements should blame himself” Zulum said.

The Governor urged the traders to cooperate with the security agencies by providing information about suspicious activities relating to insurgents.
More photos below. 










 

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