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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TODAY I WILL ENTER INTO A NEW SOCIAL CONTRACT WITH NDI ABIA- GOV. ALEX OTTI. (PHOTOS).#PRESS RELEASE.

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Today, I will enter into a new social contract with Ndi Abia. While I pledge to use every attribute that God has given me to serve you, I would also demand from you some sacrifice. 

I promise to be a great conductor, but every member of this orchestra must play his or her instrument and must do so in harmony. Our social contract with the good people of Abia State, is that ours shall not be a government of excuses and finger-pointing.- Gov. Alex Otti. 



Gov. Otti Announces Launch of N10 billion MSME Fund To Tackle Unemployment in Abia State

Mr Otti said a minimum of 20,000 MSMEs would benefit from this fund over the next two years and generate at least 100,000 direct and 200,000 indirect jobs.

The new governor of Abia, Alex Otti, says his administration will within the next one month, launch a N10 billion Micro, Small and Medium scale Enterprises (MSME) financing scheme in the state.

He made this known during his inaugural speech as the fifth executive governor of Abia at the Umuahia Township Stadium.


More photos below. 







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