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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OVER 4,800 ILLEGAL CONNECTIONS ATTACHED TO CRUDE OIL PIPELINES- KYARI. (PHOTO).

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Over 4,800 illegal connections attached to crude oil pipelines – Kyari

Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has described oil theft and vandalism in the Niger Delta region as a calamity.

Kyari said there are over 4,800 illegal connections on crude oil pipelines in the region and warned that this could frustrate the projections of the Federal Government.

Speaking on Friday in Abuja when he appeared before the Senate Committee on Appropriation on the proposed budget for 2024, Kyari said that the daily oil production would depend greatly on the security situation in the oil rich Niger-Delta region.

He described the act of vandalism and oil theft going on there as a calamity and completely abnormal.

“The situation we have in Niger Delta in terms of security is a calamity. We don’t have that anywhere in the world. To engage non state actors as last resort as solution is abnormal. But we have to respond abnormally.

“You have over 4,800 illegal connections on our pipelines. That means, within every kilometer, you have an insertion. Even if you seal all the insertions, you can’t get what you want in terms of production.

“In the Niger Delta, people are coming from all parts of the country to do illegal refining. That’s why we engage locals to deal with it. We will contain this challenge. We are doing everything possible to restore sanity. What is happening is a colossal damage to the environment and the host communities,” Kyari said.

 

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