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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ANAMBRA SET TO MOVE FROM IMPORTATION TO MANUFACTURING- OFFICIAL.(PHOTO).

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Anambra Set to Move from Importation to Manufacturing – Official

Anambra state government has expressed readiness to move from importation to manufacturing and production hub with the intention to industrialize the state, ANAMBRA PEOPLE reports.

Commissioner for Commerce and Industry, Dr. Obinna Ngonadi, said plans were on to actualize it through creation of industrial clusters for Small Medium Enterprises (SMEs), attraction of foreign investors, and creation of enabling environment for local investors to thrive.

 
Ngonadi stated this while interfacing with the management of Onitsha Business School in his office at Awka and added that measures have been put in place to establish export processing zones around Onitsha and environs with the right infrastructure to help local manufacturers engage in exportation of their products.

Earlier, the Director General of Onitsha Business School, and the international coordinator, Nigeria Exporters Consortium (NEXCON), Professor Olusegun Oludapo Sogbesan, said his team was ready to work with the state government.

 

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