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

PRESIDENT BUHARI WELCOMES RELEASE OF TRAIN HOSTAGES, URGES MILITARY TO SUSTAIN MOMENTUM.(PHOTO).#PRESS RELEASE.


STATE HOUSE PRESS RELEASE

 
PRESIDENT BUHARI WELCOMES RELEASE OF TRAIN HOSTAGES, URGES MILITARY TO SUSTAIN MOMENTUM
 

President Muhammadu Buhari has expressed his happiness and satisfaction, and that of the entire nation with the military as well as other security agencies on safe release of the remaining 23 kidnapped train passengers held in captivity by Boko Haram terrorists.

In a reaction to the news of the safe release of the hostages in line with his earlier directives, President Buhari said the nation owed the military and all other security and intelligence agencies a debt of gratitude for the successful conduct of the operation leading to the release of the hostages, saying that these agencies had shown outstanding capabilities over this period that the whole world will not fail to take note of.

“This country’s Armed Forces are as good as any. Given needed support and encouragement as we have been doing, there is no task that they cannot accomplish. I commend them for this remarkable outcome,” the President said.
 
In expressing satisfaction with the successful deployment of both kinetic and non-kinetic processes leading to the eventual safe release of the remaining hostages, President Buhari also congratulated the families of the victims for having them back alive.
 
He directed that the relief that comes to the nation arising from the closure of this unfortunate saga must be sustained at all times, all over the federation.
 
The President also credited his government for resolving the issue and the de-escalation of the terrorism, banditry and kidnapping that surged recently, giving assurances that the efforts will be sustained.

Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
October 5, 2022


 

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