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

ONITSHA RIVER PORT RECEIVES FIRST COMMERCIAL BARGES.(PHOTOS).


𝗢𝗻𝗶𝘁𝘀𝗵𝗮 𝗥𝗶𝘃𝗲𝗿 𝗣𝗼𝗿𝘁 𝗥𝗲𝗰𝗲𝗶𝘃𝗲𝘀 𝗙𝗶𝗿𝘀𝘁 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗕𝗮𝗿𝗴𝗲𝘀

One year after taking over the management of Onitsha River Port, the concessionaires of the port, Universal Elysium Consortium Limited, reached an important milestone with formal receipt of the its first barges at the facility recently.

The epoch-making event happened on the August 16, 2023.

In a statement, the Managing Director of Universal Elysium Consortium Limited,

Dr. George Nwangwu, was quoted as stating that the barges were fully handled by the crew of Onitsha River Port.
The barges, which arrived Onitsha Port was a consignment of tiles from Ajaokuta to Onitsha.

It was expected that the arrival of the first barges would herald a weekly occurrence, going forward as there would now be a movement of 600 tons of tiles to Onitsha every week and 600 tons of clay back to Ajaokuta.
He expressed happiness on reaching the important milestone.

According to him, the activity helped take more than 70 trucks off the busy roads, adding that this was only possible and achievable because of the higher water level in the River Niger during the rainy season.

This, he noted, only happens for six months in a year due to the low water levels in the Rive Niger during the dry season.
He, however, pleaded with the federal government to dredge the river channel so that goods would be able to move through the river channel all-year-round as this would have immense benefits to the country.

He paid tribute to the operations team at the port which consists of the supervisors, dockers, crane operators, and forklift operators who really put in immense effort to ensure the operation was seamless and successful.

According to the Onitsha River Port chief executive, the goal of the company is to continue to strive to make the point that ort great despite all the challenges.
More photos below. 


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