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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GOV. SOLUDO INAUGURATES HUMAN CAPITAL DEVELOPMENT COMMITTEE.(PHOTOS).

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GOVERNOR SOLUDO INAUGURATES HUMAN CAPITAL DEVELOPMENT COMMITTEE


Governor Chukwuma Soludo on Friday, September 16, inaugurates Council for State Action on Business Enabling Reforms Programme (SABER).

Programme Background:
1- The SABER Programme is a 3-year performance-based intervention jointly designed by the World Bank Technical team and the PEBEC Secretariat with support from the FMFBNP Home Finance Department (HFD) and the  Nigeria Governor’s Forum (NGF) Secretariat, to incentivise and strengthen the implementation of business enabling reforms across Nigeria.

2- Riding on the back of SFTAS, which has created a mutual accountability platform between the Federal Government and the States, the SABER will further consolidate and deepen gains from EoDB reforms implemented across the country.

3- In line with the NDP’s objectives, an enabled business environment will facilitate crowding in private investment at scale, which is needed to achieve Nigeria’s development priorities.

Result Areas to be achieved and Program Disbursement Linked Indicators (DLIs) are as follows:

Results Area 1: Improved Land Administration and Land Investment Process.
•DLI 1: Improved transparency and sustainability in the property registration and land-based investment process.

Results Area 2: Improved Business Enabling Infrastructure.
•DLI 2: Regulatory framework for private investment in fibre optic infrastructure.

Results Area 3: Increased Sustainable Large-scale Investments.
•DLI 3: Development of an effective PPP framework for States.

•DLI 4: Improved investment promotion environment.
Results Area 4: Enabling Firm Operations.

•DLI 5: Increased transparency of official fees and procedures.
•DLI 6: Improved domestic and external trade competitiveness.
•DLI 7: Harmonized and more transparent State taxes.
•DLI 8: Quick determination of commercial disputes.
 
Council Members are:
1 -MD/CEO ANSIPA
Chairman
2 -Commissioner for Budget & Economic Planning
Focal Person
3 -Commissioner for Finance
Member
4 -Commissioner for Justice
Member
5 -Commissioner for Lands
Member
6 -Commissioner for Transport
Member
7 -Commissioner for Power & Industry
Member
8 -Commissioner for Information
Member
9 -Commissioner for Commerce & Industry
Member

10 -Chairman of AIRS
Member

11 -MD/CEO ICT
Member

12 -Rep of Manufacturers Association of Nigeria
Member

13 -Rep of Anambra Chamber of Commerce
Member.
More photos below. 










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