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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PRESIDENT TINUBU TO ATTEND ECOWAS SUMMIT IN GUINEA-BISSAU.(PHOTO).#PRESS RELEASE.

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STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU TO ATTEND ECOWAS SUMMIT IN GUINEA-BISSAU


President Bola Ahmed Tinubu will depart Abuja for Guinea-Bissau on Saturday, July 8, to attend the 63rd Ordinary Session of the Authority of Heads of State and Government of the Economic Community of West African States (ECOWAS), in Bissau, capital of the Republic of Guinea-Bissau.

The Summit, which takes place on Sunday, July 9, is expected to address memoranda on pressing sub-regional issues including; Report of the 50th Ordinary Session of the Mediation and Security Council (MSC) covering security challenges faced by the member countries ; Report of the 90th Ordinary Session of ECOWAS Council of Ministers on the financial situation of the body and the implementation of the African Continental Free Trade Area (AfCFTA), as well as Report on the status of Transition in the Republics of Mali, Burkina Faso and Guinea.

Other items slated for discussion include; Memoranda on the ECOWAS Single Currency Programme and the Report on Obstacles to Free Movement of Goods on the Abidjan- Lagos corridor.

President Tinubu will be accompanied by some members of the Presidential Policy Advisory Council and other top government officials.

He is expected back in the country at the end of the meeting.  

 

Dele Alake

Special Adviser to the President

(Special Duties, Communications and Strategy) 

July 7, 2023

 

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