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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PRESIDENT TINUBU APPOINTS NCDMB GOVERNING COUNCIL AND MANAGEMENT TEAM.(PHOTO).#PRESS RELEASE.

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STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU APPOINTS NCDMB GOVERNING COUNCIL AND MANAGEMENT TEAM


In conformity with Sections 71(1), 72, and 73 of the Nigerian Oil and Gas Industry Content Development Act (2010), President Bola Tinubu has approved the appointment of qualified Nigerians to serve on the Governing Council and Management team of the Nigerian Content Development and Monitoring Board (NCDMB):

(1) Sen. Heineken Lokpobiri — Chairman / HMS, Petroleum Resources

(2) Engr. Felix Omatsola Ogbe — Executive Secretary

(3) Oritsemyiwa Eyesan — Member / EVP Upstream, NNPCL

(4) Gbenga Komolafe — Member / CEO, NUPRC

(5) Bekearedebo Augusta Warrens — Member

(6) Nicolas Odinuwe — Member

(7) Rapheal Samuel — Member

(8) Sadiq Abubakar — Member

(9) Olorundare Sunday Thomas — Member

President Tinubu expects this highly qualified body of experts to discharge their duties with his patriotic resolve to significantly enhance indigenous industry participation in the energy sector as part of the Renewed Hope Agenda's mandate to achieve the goal of 70% indigenous content and participation in the nation's energy industry during the lifespan of this administration.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

December 7, 2023


 

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