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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WADADA RESIGNS FROM PAN NIGERIA AHEAD OF 10TH NASS INAUGURATION.(PHOTO).

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Wadada Resigns From PAN Nigeria Ahead Of 10th NASS Inauguration 
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The Senator-Elect for Nasarawa West Senatorial District, Ahmed Aliyu Wadada has resigned his appointment as the Chairman, Board of Directors of the Peugeot Automobile Nigeria (PAN) Nigeria Limited. 

This is contained in a letter addressed to the Board of Directors of the company through the acting Managing Director of PAN and made available to newsmen on Wednesday in Abuja.

Wadada thanked the board, management and staff of the company for their support and cooperation during his tenure.

“Sequel to my emergence as senator-elect to represent the people of Nasarawa West Senatorial District, Nasarawa State at the just concluded 2023 General Elections.

“I write to inform you of my resignation as Chairman, Board of Directors, effective immediately.

“This decision is borne out of my desire to effectively concentrate on providing purposeful representation to my people upon the inauguration of the 10th National Assembly on June 13.

“I appreciate the opportunities for growth and development you have all provided to the company during my tenure and have enjoyed steering the affairs of this famous company.” 

 

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