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

PRESIDENT BUHARI SHOWCASES 266 ECOLOGICAL PROJECTS COMPLETED UNDER HIS WATCH, DIRECTS MDAS TO PUBLICISE ACHIEVEMENTS.(PHOTOS)#PRESS RELEASE.



PRESIDENT BUHARI SHOWCASES 266 ECOLOGICAL PROJECTS COMPLETED UNDER HIS WATCH, DIRECTS MDAS TO PUBLICISE ACHIEVEMENTS


A total of 266 ecological projects have been completed across the country in the last seven years (2015-2022), President Muhammadu Buhari declared Wednesday in Abuja.
 
Speaking at the launch of a compendium of ecological projects undertaken by this administration, the President said 332 ecological projects were approved during the period in review, out of which 266 were accomplished while the remaining 66 are at different stages of completion.

The President, who launched the publication before the commencement of the Federal Executive Council (FEC) meeting, commended the Secretary to the Government of the Federation and the Management Team of the Ecological Project Office (EPO), for the judicious use of available resources for the effective implementation of approved projects, as well as the initiative for the publication.
 
In order to leverage the benefits accruable to government from the commendable efforts of the EPO, and the effective communication of these efforts through the publication, the President directed Ministries, Departments and Agencies (MDAs) which have not done so to showcase their performance and achievements to the public.
 
‘‘The enormity of Nigeria’s ecological problems and inherited infrastructural deficit in general, has the tendency, like the proverbial drop in the ocean, to always drown our achievements in addressing ecological challenges and infrastructural deficit at large. 
 
‘‘It is against this background that publications like the one being launched today, become very important and a useful tool in correcting the negative public perception, that government has not done anything in addressing these challenges.
 
‘‘The documentation and publication of these achievements in our modest effort to tackle ecological problems is therefore predicated on our quest to improve communication in governance, as a tool for keeping citizens well-informed and helping them to hold government accountable.
 
‘‘This is the most significant implication of the Ecological Project Office’s initiative in publishing this compendium.’’
 
The President noted that the Compendium, which is for the reading pleasure and knowledge of Nigerians, would bridge the information and communication gap between Nigerians and the real-time performance of this Administration by portraying the specific locations of ecological projects, with pictorial evidence as well as proofs of handing over the projects to the beneficiaries.
 
President Buhari urged States and Local Governments to judiciously use their shares of the ecological fund, strictly for ecological projects towards addressing the ecological problems in their areas.
 
Secretary to the Government of the Federation (SGF), Boss Mustapha, told the President that the 554-page publication supervised by the Permanent Secretary, EPO, Dr Habiba Lawal, is aimed at keeping the public abreast of the efforts of the administration in addressing verified ecological problems in ‘‘all the nooks and crannies of Nigeria.’’
 
He thanked the President for promoting the culture of accountability and for approving the change of name of Ecological Fund Office to EPO, for its mandate not to be misconstrued by the public.
 
‘‘The Office was established through the Federation Account Act in 1981, primarily to carry out intervention projects nationwide with the Federal Government share of the ecological funds, to address critical ecological problems to supplement States and Local Government shares of the fund.’’
 
On the Federal Government share of the Ecological Fund, the SGF explained that the latest sharing formula of the Ecological and Derivation Fund (EDF) as modified allocates 1.00 per cent to the Federal Government, 0.72 per cent to States while the Local Governments get 0.60 per cent.
 
He added that out of the 1.00 per cent of the Federal Government share, monthly the National Emergency Management Agency (NEMA) gets 20 per cent, National Agency for Great Green (NAGGW) Wall 5 per cent, North East Development Commission (NEDC) 10 per cent while the National Agricultural Development Agency (NALDA) receives 10 per cent.
 
Femi Adesina
Special Adviser to the President
(Media & Publicity)
July 20, 2022.
More photos below. 






 

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