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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MOST SOUTH-EASTERNERS HAVE LOST FAITH IN GOVERNANCE- OKONJO-IWEALA. (PHOTO).

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Most Southeasterners Have Lost Faith In Governance – Okonjo-iweala

April 15, 2023
    
The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, has said many Nigerians, especially those from the South-East, have lost hope in governance.

She charged the Abia State governor-elect, Dr Alex Otti, to run a clean and transparent government.

Okonjo-Iweala said the incoming government should focus on “disruptive strategies rather than traditional operational systems”.

She gave the charge in a speech she presented virtually at the inauguration of the 100-member 2023 Abia Transition Council held in Aba, Abia’s economic hub.

She said, “I told the governor-elect that everything we will do would depend on this governance. Nigerians, especially from that side of the South-East, have lost faith in governance.

“They no longer believe the government can provide anything for them. They provide for themselves boreholes, electricity and every other thing for themselves. Although that is entrepreneurial, on the other hand, that is not how to run the place.”

She urged Otti to run a “better and cleaner governance” and transparent governance that should be exemplary.

Okonjo-Iweala also urged Abia citizens abroad, who have the capacity to assist in recovering the state and upgrade development, to return and help out.

She expressed the hope that through Otti, “there is a unique chance to set Abia on the right side of development and modernisation through disruptive digital technology”.

Otti inaugurated the transition committee to midwife the take-off of his administration on May 29, 2023.

He tasked the committee, headed by Victor Onyenkpa, to produce a policy document that would forge a direction and developmental agenda for Abia State, in line with his vision for the state and campaign promises.


 

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