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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I SWEAR,NOBODY WOULD STEAL PUBLIC FUNDS IF I'M ELECTED PRESIDENT-ATIKU.(PHOTO).

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I Swear, Nobody Would Steal Public Funds If I’m Elected President — Atiku

Atiku Abubakar, former vice-president, says he would ensure that public money is not pilfered if elected president in 2023.

Atiku spoke during a consultative meeting with delegates of the Peoples Democratic Party (PDP) in Port Harcourt, Rivers state capital, on Saturday.

Reiterating the “priority areas” he listed during his formal presidential declaration, Atiku lamented the poor state of education in the country, alleging that the money meant to stabilise the sector is being stolen.

“I will make sure that our educational system is very well looked after. Today we have all our public universities closed down for several months,” he said.

Our children have been out of school. Not because we have not instituted institutions during PDP to make sure there is enough funding for these institutions.

“But because they are stealing the money. I will make sure nobody steals public money, I swear.

“After dealing with education, we can now look at restructuring the country.”


 

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