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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PRESIDENT BUHARI CELEBRATES CHIEF AKINTOLA WILLIAMS AT 103.(PHOTO).#PRESS RELEASE.

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PRESIDENT BUHARI CELEBRATES CHIEF AKINTOLA WILLIAMS AT 103

 
President Muhammadu Buhari joins family and friends of renowned accountant, Chief Akintola Williams, to celebrate his 103rd birthday, appreciating God for grace of long life, strength and impact, particularly in service to the country.

President Buhari felicitates with Chief Williams for scoring many firsts, which brought the spotlight to Nigeria and Africa, being the first Nigerian to qualify as a chartered accountant in England in 1949, and starting the first indigenous chartered accounting firm in Africa in 1952.

The President notes other historic achievements of the chartered accountant in establishing Association of Accountants in Nigeria in 1960 with the goal of training accountants, being a founding member and first President of the Institute of Chartered Accountants of Nigeria and full involvement in setting up the Nigerian Stock Exchange.

On his 103rd birthday, President Buhari acknowledges the many recognitions and awards he has received, including appointment as Commander of the Most Excellent Order of the British Empire in 1997.

The President continues to rejoice with the chartered accountant, and prays for his wellbeing.

 

Femi Adesina
Special Adviser to the President
(Media & Publicity)
August 10, 2022


 

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