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 TO REVIEW MOVEMENT OF EXPLOSIVES. (PHOTO).

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 FG To review movement of explosives


Federal Government has called on manufacturers of mine explosives to address alleged leakages from their factories by tightening the security and logistics of its operations.


The Minister of Solid Minerals Development, Dr. Oladele Alake stated this at an emergency meeting with the manufacturers in his office in Abuja.


He said there had been an outcry against easy access of unauthorized persons to explosives and indiscriminate storage across the country.


To this end, the minister said government would commence the review of the system for tracking the movement of explosives from the manufacturers to end-users and urged them to search within and fish out workers who may be responsible for illicit sales or manufacturing of explosives.


Chief Executive Officer of Intrachem Limited and chairman of Association of Commercial Explosives Dealers, Biodun Abu explained that the manufacturers had complied with the regulations of the government in terms of security surveillance of their operations by deploying Close Circuit Television in factories and coding the explosives for easy tracking .


Abu said manufacturers and their clients obtain approvals for escorts to transport their goods to the end-users but are unable to verify incidences of possible leakages when it gets to the clients.


The Director, Mines Inspectorate Department in the Ministry of Solid Minerals, Imam Ganiyu said explosives manufactured in Nigeria are slurry and need detonators to explode.


He said Nigeria banned the use of dynamite for mining operations since 2007.


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