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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OPENING REMARKS BY LAI MOHAMMED AT THE 8TH EDITION OF THE PMB ADMINISTRATION SCORECARD TODAY IN ABUJA. (PHOTO).#PRESS RELEASE.

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OPENING REMARKS BY THE MINISTER OF INFORMATION AND CULTURE, ALHAJI LAI
MOHAMMED, AT THE 8TH EDITION OF THE ''PMB ADMINISTRATION SCORECARD
SERIES (2015-2023)'' IN ABUJA ON WEDNESDAY, DEC. 7TH 2022

PROTOCOL


2. I warmly welcome you all to the eight edition of the 'PMB Administration Scorecard Series (2015-2023)'. On Monday, we hosted the Honourable Minister of Water Resources. Today, it is the turn of the Honourable Minister of Environment. And before them, we had presentations from the Honourable Ministers of:

- Works and Housing
- Transportation
- Aviation
- Interior
- Agriculture and Rural Development
- Finance, Budget and National Planning

On Thursday Dec. 8, that is tomorrow, we will be hosting the Honourable Minister of Mines and Steel Development.

3. As a quick reminder of why we are here, recall that we launched this series in October as part of an overall programme aimed at showcasing and documenting the numerous achievements of the Buhari Administration.

4. Before I invite the Honourable Minister of Environment to the podium, please permit me to say categorically and without any fear of contradiction that the Administration’s fight against corruption is very much on track. As you may already know Mr President signed into law the Proceeds of Crime (Recovery and Management) Bill, 2022, on May 12th, 2022. That bill was one of the three which Mr. President signed into law that day. Others are the Money Laundering (Prevention and Prohibition) Bill, 2022 and the Terrorism (Prevention and Prohibition) Bill, 2022.

5. I have an update on the Proceeds of Crime (Recovery and Management) Act (POCA), 2022. In line with the new law, all relevant agencies of government have now opened 'Confiscated and Forfeiture Properties Account with the Central Bank of Nigeria (CBN). I can confirm that so far, the Federal Government has realized over 120 billion Naira, among other currencies, from POCA. This money will be used to fund the completion of ongoing critical infrastructure projects in the country like the Second Niger Bridge as well as Lagos-Ibadan and Abuja-Kano Expressways. We will continue to update you on this.

6. On this note, please permit me to invite the Honourable Minister of Environment to make his presentation. Honourable Minister please!

 

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