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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ANAMBRA REPRESENTATIVE PRESENTS SOUTH-EAST DEVELOPMENT COMMISSION (SEDC) ESTABLISHMENT BILL 2023 AT NATIONAL ASSEMBLY. (PHOTO).

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Anambra Representative Presents South-East Development Commission (SEDC) Establishment Bill 2023 At National Assembly

...... passes First Reading....

The Member representing Ihiala Federal Constituency and former Deputy Speaker of Anambra State House Of Assembly, Rt. Hon. Paschal A. Agbodike today 18th July, 2023 presented a Bill seeking to establish South East Development Commission.

The Bill according to him will address the issue of marginalization, underdevelopment and insecurity in the entire South East geopolitical zone. He said that the Bill will augment the comprehensive development and targeted the specific needs of the people.

He opined that SEDC when successfully created will be entrusted with planning and execution of developmental projects that will positively affect critical sectors like infrastructure, education, healthcare, agriculture, commerce, etc. 

To us at Anambra Current News , this is a landmark move that will help the economic growth of the entire South East. It will attract investments, and create enabling environment for businesses to thrive.

Congratulations and Kudos to Hon. Agbodike

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