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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SMEDAN INAUGURATES SPECIAL UNIT FOR WOMEN, YOUTH EMPOWERMENT. (PHOTO).

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SMEDAN inaugurates special unit for women, youth empowerment


 Minister of Women Affairs and Social Development, Mrs Uju Kennedy-Ohaneye has inaugurated a unit at the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to champion women and youth entrepreneurship in the nation.


In a statement released by her media aide, Ohaeri Joseph, the minister praised SMEDAN’s management for incorporating women and youths into its empowerment initiatives, aligning with the current administration’s focus on revitalizing economic prospects.


She expressed satisfaction with the advanced tools available at the facility and conveyed the ministry’s readiness to collaborate with SMEDAN for inclusive growth and women’s empowerment.


Furthermore, the minister announced the ministry’s intention to integrate SMEDAN into its e-portal, serving as a one-stop-shop to facilitate marketing and enhance commercial activities between women entrepreneurs and end-users of their products and services.


The Director General of SMEDAN, Mr. Charles Odii, emphasized the significance of the common desk for women and youth empowerment, highlighting the agency’s commitment to addressing demographic challenges.


He said the newly established desk would concentrate on facilitating capital, training, and market access.

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