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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EMEFIELE DEBUNKS FAKE NEWS TITLED: "EMEFIELE LAUNCHES FRESH PLOT ".(PHOTOS).#PRESS RELEASE.

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Central Bank of Nigeria


Press Release


EMEFIELE DEBUNKS FAKE NEWS Titled: "Emefiele launches fresh plot

against President-elect Tinubu"


The attention of the Central Bank of Nigeria (CBN) has been drawn to a story

published in The Nation newspaper of Monday, March 13, 2023 edition,


alleging that the Governor, Mr. Godwin Emefiele has launched a "fresh plot


against President-elect. The aforementioned story went further to allege that

the Governor has made a certain amount of money available to a candidate

ahead of the March 18, 2023, gubernatorial poll.


We wish to inform members of the public that this story is completely false and


malicious as the CBN Governor does not know and has never met or even


spoken with Mr. Gbadebo Rhodes-Vivour, either in person or through a proxy.


We wish to reiterate that the CBN Governor does not take part in politics and

therefore urge anyone with contrary information to prove the Governor wrong

by providing any facts.


As such, the Governor and his team at the CBN should be allowed to focus on


their assigned job with a view to achieving the statutory mandate of the Bank.


Isa AbdulMumin

Ag. Director, Corporate Communications

 One more photo below. 

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