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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CBN,NOT INVADED BY DSS- PETER AFUNANYA, PUBLIC RELATIONS OFFICER DSS.(PHOTOS).#PRESS RELEASE.

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CBN, NOT INVADED BY DSS

The attention of the Department of State Services (DSS) has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor, today 16/1/23. This is fake news and quite misleading. 

Peter Afunanya PhD,  fsi 
Public Relations Officer 
Department of State Services 
National Headquarters 
Abuja
16th January, 2023


Earlier report:
SSS Invades CBN, Takes Over Emefiele’s office

The operatives of the State Security Service, SSS, have invaded the headquarters of the Central Bank of Nigeria, CBN, taking over the office of the embattled governor of the apex bank, Godwin Emefiele.



The secret service had earlier sought a court order to arrest Mr Emefiele but has been out of the country for his annual leave which is expiring tomorrow, January 17.

But the FCT High Court had in December barred the SSS from arresting, inviting, or detaining Mr Emefiele.

Arriving at the CBN headquarters Monday noon, the SSS operatives came in with about 20 vehicles with armed personnel.

The operatives also barred all staff of the bank from gaining access to Mr Emefiele’s office.



A press release from the CBN reveal he resumed duty on Monday, 16th of January 2023 as concerns mounted over his absence since the start of the year.

The press release was signed by Osita Nwanisobi.

The apex bank’s press release read as follows;

“The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has resumed duty after his annual vacation abroad. Mr. Emefiele, who proceeded on leave in December 2022, resumed work today, Monday, January 16, 2023. The Governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee (MPC) meeting of the year scheduled for January 23 to 24, 2023.”

“Mr. Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari. While thanking the public for keeping faith with the Bank, we urge Nigerians to continue to support the policies of the Bank aimed at ensuring a stable financial system and the Nigerian economy in general.

More photos below .




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