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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WORLD TOURISM DAY: OBASEKI PUSHES TO BOOST EDO’S TOURISM RECEIPTS WITH DEVT OF CULTURAL DISTRICT.(PHOTOS).#PRESS RELEASE.

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World Tourism Day: Obaseki pushes to boost Edo’s tourism receipts with devt of cultural district

This year’s World Tourism Day presents yet another opportunity to reinstate the crucial role of the tourism sector to the growth and development of any economy and advocate for increased partnership among critical stakeholders to adequately harness the huge potential of the sector.

Travel and tourism alone, according to global research body, statistica.com, contributed about 2.8 percent of Nigeria’s entire GDP in 2020, which equaled 11 billion U.S dollars and this very significant contribution to the nation’s economy could be increased to reflect the true potential of the sector with adequate investment and partnerships.

This is why as a government, we are rethinking the sector and repositioning it to become a veritable source of revenue for our dear state. We are already developing the state’s tourism master plan, as well as critical infrastructure, among others required to reposition the sector to effectively contribute to the state’s economic growth and development.

With this tourism master plan, we are sure of boosting domestic tourism in the state and improving revenue. Our goal is to position Edo State as a world-class culture and tourism destination, leveraging the huge arts, culture and tourism potential of the state.

We are already developing a cultural district, which comprises museums, art spaces, cultural and arts bouquet services, entertainment centers, shopping malls, among others. These are sure to boost the state’s cultural district.

One more photo below. 

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