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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GOV. ABIODUN MOURNS LOSS OF FORMER FINANCE MINISTER SOLEYE, SAYS HE WAS A STATESMAN.(PHOTO).#PRESS RELEASE.

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Abiodun Mourns Loss of Former Finance Minister Soleye, Says He Was a Statesman

Ogun State Governor, Prince Dapo Abiodun on Wednesday described the passing of former Finance Minister, Dr. Onaolapo Soleye as a great loss to Ogun State and Nigeria at large.

Dr. Soneye was a former minister of finance between 1984-1985 during the military regime of General Muhammadu Buhari. He served for twenty (20) months as Minister of Finance. At a time, he also served as Commissioner for Finance and Industry in Ogun State. 

His death was announced in Abeokuta, the Ogun State capital, on Wednesday by his family.
Prince Abiodun, in a statement by his Chief Press Secretary, Lekan Adeniran, said Dr. Soleye's invaluable contributions to the financial sector of Nigeria and his home state, Ogun, will forever remain green in the memory. 

"Dr. Soleye's remarkable career in public service, spanning several decades, exemplified his unwavering commitment to the development and progress of Nigeria. 

"As Minister of Finance, he played a crucial role in shaping our nation's economic policies, implementing reforms, and fostering sustainable growth.

"His visionary leadership and expertise were instrumental in navigating the challenges and opportunities of our evolving economy.

"Dr. Soleye's demise leaves a vacuum that will be difficult to fill. He will be remembered as a statesman, a mentor, and a role model for future generations to come. His wisdom, integrity, and dedication to public service serve as an inspiration to us all.

"On behalf of the government and people of the state, I extend my deepest condolences to the family, friends, and loved ones of the nonagenarian. 

"May his soul rest in eternal peace, and may his legacy continue to inspire us to strive for excellence and work towards a better Nigeria," Prince Abiodun said.


 

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