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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REHABILITATION, MODERNISATION OF PORTS TO COMMENCE SOPN, SAYS OYETOLA. (PHOTO).

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as he receives briefings from heads of agencies, departments

The Minister of Marine and Blue Economy, Adegboyega Oyetola CON, has said that the rehabilitation and modernisation of the nation’s ports would commence soon.

He made this known on Wednesday shortly after concluding his interaction with the various heads of agencies and departments under his ministry.

The minister, who was inaugurated last Monday, began receiving briefings from the heads of agencies and departments under his ministry almost immediately. So far, he has interacted with all the departmental heads and followed up with the heads of agencies, beginning with the Nigerian Port Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), National Inland WaterWays Authority (NIWA) and Nigeria Shippers’ Council.

He rounded off the briefings on Wednesday with the Maritime Academy of Nigeria, Oron and the Council for Regulation of Freight Forwarding in Nigeria (CRFFN).


He promised to look into some of the issues impeding their smooth operations with relevant agencies of the government, just as he reiterated the need for effective collaboration among agencies within the Marine and Blue Economy Ministry so as to realise the vision of President Bola Ahmed Tinubu’s administration for the sector.


Oyetola also noted that dredging of the nation’s ports will also continue so as to make them remain navigable, enhance their operations, and ensure improved revenue generation for the Federal Government.

“The briefings have been educative and enlightening. It gave me the opportunity to listen to the challenges of the departments and agencies under our Ministry, and I have resolved, working with my team to ensure we hit the ground running immediately. We remain committed to the realisation of the Renewed Hope Agenda of Mr. President,” the minster added.

 

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