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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NIGERIA MOVES TO RE-OPEN BORDERS WITH BENIN REPUBLIC, SIGNS 12- POINT COMMUNIQUE.(PHOTO).

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Nigeria moves to re-open borders with Benin Republic, signs 12-point communique

In line with the Federal Government’s drive to facilitate trade and improve Nigeria’s economy to become globally competitive, a delegation of the Nigeria Customs Service (NCS), led by the Ag. Comptroller General of Customs, Bashir Adewale Adeniyi has paid a working visit to the Republic of Benin and signed a 12-point communique which aims to fully re-open the border between both countries, a statement signed on Tuesday by National Spokesman of Customs, Abdullahi Maiwada revealed.

According to the Customs statement, “The Ag. CGC and his delegation visited the Nigerian Embassy on Monday, 24th of July and met with Ambassador Kayode Aluko, the Nigerian Ambassador to the Republic of Benin.

“Thereafter, they were received by the Director General of the Customs Administration in Benin, Mr. Alain Hinkati, Customs partners Webb Fontaine and Benin Control. 

“They also visited Customs facilities at the port of Cotonou, where the Ag. CGC was taken through the processes and operations at the port.”

During the visit, the two chiefs engaged with stakeholders from both countries and their concerns were identified and effectively considered. 

Notable among the concerns is the request to review the possibilities of reopening the border, as well as addressing the issue of administrative charges.

 

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