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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NIGERIA ACQUIRES LANDING SHIP TO BOOST COASTAL SECURITY. (PHOTOS).#PRESS RELEASE.

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Press Release

Nigeria Acquires Landing Ship to Boost Coastal Security

The Federal Government has acquired a new landing ship for the Nigerian Navy to boost security in the nation’s coastal waters as well as to enhance the power projection capabilities of the Navy.

Minister of Defence Major General Bashir Salihi Magashi while taking over the new ship in a colorful change of flag ceremony held in Sharjah, Dubai said the acquisition of the landing ship Tank 100 NNS KADA was to replace the two Navy ships including NNS AMBE and NNS OFIOM decommissioned 10 years ago by the Federal Government.

“The induction of NNS KADA into the Nigerian Navy fleet will not only enhance the security of Nigerian Maritime environment but will serve as force multiplier in the projection of naval power capabilities for enhanced security in the Sub Region”. the Minister pointed out.

General Magashi added that NNS KADA would also play a vital role in Maritime crisis management by conveying relief materials in areas facing humanitarian crisis within West Africa and beyond.

He thanked President Muhammadu Buhari for his commitment towards the recapitalization of the Nigerian Navy fleet to remain combat ready and alive to its constitutional responsibility.

The Minister urged the Commanding Officer and the Ship Company to “consider yourselves as privileged to be in charge of the magnificent new ship built by one of the best shipyards in West Asia”.

Chief of Naval Staff Vice Admiral Awwal Gambo in a welcome address described the home bound voyage of NNS KADA as a mile stone achievement in the Federal Government effort to sustain the development of its economy.

A statement by the Nigerian Navy indicates that NNS KADA ship’s journey to Nigeria would include ports visits to Oman, Kenya, South Africa, Angola, Gabon and expected to finally arrive Nigeria on May 27th, 2022.

 

Victoria Agba-Attah
Director (Press & Public Relations)
6/4/2022

Pix 4922: Minister of Defence Major General Bashir Salihi Magashi (6th Right), Chief of Naval Staff Vice Admiral Awwal Gambo (5th Right), Chairman House Committee on Nigerian Navy, Hon. Yusuf Gagdi (7th Right) and other dignitaries on board the newly acquired Nigerian Navy Ship KADA during the ceremonial change of flag and handover of the Ship to Nigeria

Pix 4704: (R-L) Minister of Defence Major General Bashir Salihi Magashi, Chief of Naval Staff Vice Admiral Awwal Gambo and the Executive Director of Damen Shipping Company of UAE.
One more photo below. 

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