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

FREE, TRANSPARENT AND CREDIBLE ELECTIONS INDISPENSABLE TO PEACE AND STABILITY IN WEST AFRICA, PRESIDENT BUHARI DECLARES .(PHOTO).#PRESS RELEASE.



FREE, TRANSPARENT AND CREDIBLE ELECTIONS INDISPENSABLE TO PEACE AND STABILITY IN WEST AFRICA, PRESIDENT BUHARI DECLARES 


President Muhammadu Buhari Tuesday in Monrovia, Liberia called on leaders in West Africa to do all within their powers to ensure that elections are conducted in their countries in an atmosphere of trust, freedom and transparency as this is the only way the sub-region can be insulated from the scourge of unconstitutional take overs that reared its head in three countries recently. 
President Buhari made this call this in a goodwill message to the Government and people of Liberia as he joined other world leaders on the occasion of the 175th Independence Anniversary of the West African nation. 
According to the President, democracy and good governance must take its roots on the African continent to sustain peace, stability and development while leaders must redouble their efforts to guarantee the irreversibility of democracy. 
“I would like to use the opportunity of this event to address an important issue affecting three countries in the ECOWAS region; Liberia, Nigeria and Sierra Leone. 
“All the three nations have National Elections in 2023. In Nigeria, we are working towards a free, fair, transparent, credible and acceptable outcome of elections and their results, it is important and necessary for all our countries to key into these resolves as they are indispensable to peace and stability in our countries and sub-region. 
“The deepening of democracy and good governance are essential antidotes to check-mate unconstitutional change of governments as we sadly witnessed within the last three years in three countries within our sub-region. We must strengthen our efforts to guarantee the irreversibility of democracy in our sub-region and Africa,” he said. 
President Buhari used the opportunity to recall Nigeria’s leading roles that pulled the country back from its fratricidal insurrection in the 90s, adding that his presence at the celebrations underscores his strong belief in cementing existing bilateral ties: 
“Nigeria’s contributions to the survival and safety of Liberia are well known. The dark period of your country’s civil war from 1989 to 1997, was a period that Nigeria invested hugely for peace in Liberia and indeed stability in the rest of the ECOWAS sub-region. May those dark days never re-surface in our countries and sub-region.” 
The Nigerian leader commended his Liberian counterpart, Dr. George Manneh Weah, for his demonstration of love for the country and the pursuance of peace, unity and progress, as evidenced by people-oriented projects executed with the sole purpose of taking the country to greater heights within the limited resources available. While urging the Liberian leader to do more, he assured him of Nigeria’s continued support in this regard: 
“Your Excellency’s policy of development launched in 2018 as well as the recently launched youth empowerment program, targeted at comprehensively addressing the problems of youth restiveness in Liberia and equally aimed at rescuing the disadvantaged youths (ZOGOS in local parlance) from drug addictions and other forms of social vices and transforming them into useful members of the Liberian society, are clearly very appropriate policies to lift up the most vulnerable.
“Permit me to assure you and all Liberians that Nigeria, as a good partner and a dependable ally, would continue to support you in these efforts, within the limit of our resources. This brings to the fore, the need for strengthening and broadening the levels of collaboration and cooperation between our two countries, both bilaterally and multilaterally, within the ECOWAS, AU and the UN, in order to adequately tackle the common national, sub-regional and global challenges.” 
The President of Liberia, Dr. George Weah, thanked President Buhari and other West African leaders for their attendance and to our President in particular, “thank you Mr. President and the good people of Nigeria. Without your support we would not have had peace.” 
 
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
July 26, 2022


 

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