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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THE SIGNIFICANCE OF PRESIDENT BUHARI’S VISIT TO LIBERIA.(PHOTO).#PRESS RELEASE.

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THE SIGNIFICANCE OF PRESIDENT BUHARI’S VISIT TO LIBERIA


President Muhammadu Buhari is traveling to Liberia tomorrow, Tuesday July 26. The trip signifies the importance attached to the security and wellbeing of Liberia and the rest of West Africa.

On this day, Liberia marks a Special Independence anniversary, commemorating 175 years of self-rule, with the country being the oldest independent post-colonial African State. President Buhari is the Special Guest of Honour at the celebration and will deliver an address.  

The trip to Liberia comes at a time when political instability and the return of coups-d’état have upended two to three decades of democratic order in the sub-region.

Liberia, Sierra-Leone along with Nigeria are going into elections in 2023 and President Buhari is expected to emphasize to them the importance of free, fair and credible elections.

The President is expected to stress the importance of the respect for rule of law rule throughout the sub-region. Without rule of Law and constitutional rule, there cannot be security peace and development.

Peace and security of Liberia (and Sierra-Leone) is important to Nigeria given the enormous investments in men, material and resources expended by this country to secure the two states. Without the leadership of Nigeria in the context of ECOWAS to secure these two, there would not have been a Liberia on the map in its present configuration today.

Bilaterally, Nigeria and Liberia may bring to the table issues of cross-border terrorism, bolstering defence and trade ties.

The warmth of the relationship and personal chemistry between President Buhari and George Weah of Liberia is no less significant and will play a key role in the events of tomorrow.

 
Garba Shehu
Senior Special Assistant to the President
(Media and Publicity)
July 25, 2022

 

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