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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ANAMBRA MAN 'UFODIKE ' APPOINTED DEPUTY MINISTER IN CANADA. (PHOTO).

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Anambra Man, Ufodike Appointed Deputy Minister in Canada

Anambra Canadian based entrepreneur, academic, finance executive and politician, Akolisa Ufodike has been appointed as the Deputy Minister of Trade, Immigration and Multiculturalism in Alberta, ANAMBRA PEOPLE reports.

The 49-year-old was born in Maiduguri, Nigeria to the family of Colonel Leonard Ufodike and Ebele Ufodike of Umudim and Otolo, Nnewi.

In the new role, Ufodike is expected to bring his experience as assistant professor at York University where he taught auditing at the undergraduate level, data analysis for performance audits and public sector finance at the graduate level. His research focused on accountability, public-private partnerships (P3’s), labour market integration, and equity, diversity and inclusion in business professions.

Records have it that the Nigerian-born is a licensed public practitioner by CPA Alberta. He has almost 30 years of professional experience spanning telecoms, banking, utilities, education, oil and gas and consumer packaged goods with organizations including Bell Canada and Molson Coors. Prior to academia, he was CFO/COO of one of the largest wireless internet service providers in Canada.

Dr. Ufodike, a graduate of Haskayne’s PHD and Cornell’s MBA programs, is a Canadian FCPA, a US CPA, a UK FCCA and a Certified Fraud Examiner. He is also a Certified Director (ICD.D) of the Institute of Corporate Directors.

Remarkably, he is active in the community and previously served as Chair of the John Ware Institute a non-profit he founded that aspires to make public company boards more diverse. He also served as a member of the Provincial Audit Committee for the province of Alberta and on the Senate of the University of Calgary.

Ufodike attended Nigerian Military School, Zaria and Nigerian Defence Academy, Kaduna.

 

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