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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FG UNVEILS NEW FOREIGN POLICY.(PHOTO).

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FG Unveils New Foreign Policy


Federal Government has unveiled its Four D foreign policy document in Abuja.


At the launch, the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar said the new foreign policy document was aimed at showcasing the values and interests of Nigeria.


Ambassador Tuggar said the four Ds foreign policy document which centered on Democracy, Development, Demography and Diaspora were aimed at enhancing good governance and improving the living standard of the people through development.


He explained that the Four Ds foreign policy direction of the Tinubu-led government would take advantage of the nation’s population as well as the Africa Continental Free Trade Area to enhance economic development in the country.


The Minister of Foreign Affairs said the policy would also look into the need to reform Nigeria’s engagement with international financial institutions for the benefit if all. 

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