LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

Image
 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

GOV. SANWO-OLU TASKS EXECUTIVE, LEGISLATURE ON DEVELOPMENT OF BLUE ECONOMY.(PHOTOS).#PRESS RELEASE




 SANWO-OLU TASKS EXECUTIVE, LEGISLATURE ON DEVELOPMENT OF BLUE ECONOMY


Lagos State Governor, Mr. Babajide Sanwo-Olu, has called on the executive and legislature to develop the blue economy in Nigeria by paying greater attention to the sector. 


 


Speaking during a courtesy visit by the members of the Senate Committee on Marine Transportation led by its Chairman, Senator Wasiu Eshinlokun-Sanni at Lagos House, Marina on Tuesday evening, Governor Sanwo-Olu said all hands must be on deck to aggressively reduce bottlenecks for businesses to thrive in Lagos State, especially in the blue economy sector.


 


Governor Sanwo-Olu said the visit of members of the Senate Committee on Marine Transportation to Lagos State for oversight functions is apt and strategic. 


 


He therefore urged them to make adequate recommendations and suggestions to the larger body of the Red Chamber on how to move the country forward through the blue economy.


 


He said: “First is to thank Mr. President (Bola Tinubu) for creating a new ministry called the Ministry of Marine and Blue Economy and the National Assembly has taken the right direction by setting up a proper committee to do oversight function in this very important national assignment.


 


“We know how the blue economy is transforming the indices of economic development and both the executive and legislature need to support this area such that our economic activities can better be developed, supervised and monitored.


 


“We need to aggressively reduce bottlenecks of businesses all around facilities and Lagos so that businesses can thrive; they can do well, generate desired revenue to keep people in employment, pay their taxes and create wealth for themselves, families and the nation in general.


 


“Lagos is happy that there is a whole team that is looking at the blue economy sector and we believe that when we work together, not only the sector will benefit but the entire economy itself will benefit tremendously from all the engagements.”


 


Governor Sanwo-Olu also commended President Bola Tinubu led administration for giving prompt attention to all the bridges that lead to various ports in Lagos State.


 


Speaking earlier, Senator Eshinlokun-Sanni said Lagos is critical to the blue economy, noting that the Senate Committee on Marine Transport is visiting Lagos State because 70 percent of the activities in the sector take place in Lagos.


 


He said some of the challenges to the growth and development of the blue economy in Nigeria like non state actors, illegal collectors and ocean surge issues should be addressed immediately.

One more photo below. 


Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).