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 INAUGURATES TASK TEAM FOR CONSTRUCTION OF 50,000 HOUSES.(PHOTO).

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 FG inaugurates task team for construction of 50,000 houses


Federal Government has inaugurated the Multi-Agency Project Delivery Task Team to develop a roadmap for the construction of over 50,000 houses annually across the country.


At the inauguration in Abuja, the Minister of Housing and Urban Development, Mr. Ahmed Dangiwa, said the team comprised highly qualified and experienced professionals in the housing sector.


The Minister also inaugurated three other task reform teams, they are Housing Institution Reform Task Team, the Building Materials Manufacturing Hubs Task Team, and the Land Reforms Task Team.


According to Mr. Dangiwa, the Land Reforms Task Team was to develop a sustainable blueprint for implementation.


He maintained that the Building Materials Manufacturing Hubs Task Team would effectively reduce the dependence on imports and lower the cost of construction materials in the country.


The Permanent Secretary, Ministry of Housing and Urban Development, Dr. Marcus Ogunbiyi, explained that the housing sector was faced with numerous challenges due to obsolete laws and charged the teams to live up to expectations.


The Chairman of the Multi-Agency Project Delivery Task Team, Brigadier General Tunde Reis, thanked the federal government for the opportunity to deliver programmes and policies that would enhance the development of the housing sector.


Other representatives of the teams lauded the Minister of Housing and Urban Development for contributing to the growth of the sector and promised to work towards attaining the desired objectives of the Ministry.

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