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

PIPELINES SECURITY CONTRACT SHOULD NOT BE HANDED TO ONE MAN - GOV. FUBARA.(PHOTOS).#PRESS RELEASE



PIPELINES SECURITY CONTRACT SHOULD NOT BE HANDED TO ONE MAN - GOV. FUBARA



...Tasks FG to break ranks of Abuja oil cartel


...Decries neglect of East-West Road


Rivers State Governor, Sir Siminalayi Fubara has faulted Federal Government's ceding of contracts for security/Surveillance of oil pipelines  in the hands of an individual or a few persons, asserting that the development won't help the fight against oil theft. 


Fubara, addressing the Joint Presidential Committee on Crude Oil Theft on facility tour of the Niger Delta who were in Government House Port Harcourt on Saturday, said until FG clamps down on the powerful Abuja cartel bankrolling oil theft, no amount of efforts would end the economic sabotage associated with the crime. 


He said, "Security of pipelines  should not be placed in the hands of one man or a few individuals. You can't say for instance that somebody from Kalabari should be asked to determine and control what is happening in Ogba-Egbema. 


"It's not possible, not workable. Or somebody from Ogba-Egbema should take charge in Ogoni. You can understand there is no way it would work. You need to come down to bring on board all these host communities heads or leaders. 


"Those people you are dealing with, you can engage on this other end, but those key leaders and influential power brokers in other major host communities must be engaged. Once you are able to do that, make them part of the process, no two ways about it. The tide of the economic sabotage through oil theft will go down."


On Rivers government's commitment to fighting oil theft, he said, "We are one of the first States that was able to break the ranks on illegal bunkering, and we remain committed to partnering with the security agencies.


"And what breeds all of this is unemployment and poverty. The big people in this business aren't from here (operating environment). They are those in Abuja who have licence to operate. 


"If they are not encouraging it,  I don't think it will thrive. We need to work not just on the locals, but also see what we can do to really clamp down on those big ones that sit in Abuja that are a big part of this."


The governor decried the neglect of critical infrastructure in Rivers State, citing the deplorable East West Road, yet to receive any attention from the Federal Government despite its strategic importance to the economic development of the country. 


National Security Adviser, Nuhu Ribadu, who led the FG delegation thanked the Governor for the audience, noting that beyond the resources in the region, the Niger Delta deserves peace and better living standards, assuring federal commitment to arresting challenges of insecurity in the region. 


Minister of Defence, Mohammed Badaru said the team had the marching order of the President to visit facilities in the Niger Delta and work with the states to promote peace in the region and ensure that  national assets are protected.


Signed

Boniface Onyedi

SSA, Media to the Governor of Rivers State


August 26th 2023.

One more photo below. 

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