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

EFCC, NUPENG JOIN FORCES AGAINST OIL THEFT. (PHOTOS). #PRESS RELEASE


 EFCC, NUPENG  Join Forces against Oil Theft


The National Union of Petroleum and Natural Gas Workers, NUPENG, on Wednesday,

February 21, 2024  sought the collaboration of the Economic and Financial Crimes Commission, EFCC to fight the scourge of illegal oil bunkering across the country.


This request was made on Wednesday in Abuja when  the President of the Union, Comrade William Akporeha led members of his executive to the corporate headquarters of the Commission in Jabi, on a courtesy visit.


Akporeha, who praised the Executive Chairman of the Commission, Ola Olukoyede for repositioning the anti-graft agency on the path of professionalism and rule of law,  sought the collaboration of the Commission in sanitizing the oil and gas industry.


“I am not here to patronize you, but your administration has changed the way things were. Before now, when you hear of EFCC what would probably come to your mind is probably the killing of businesses and organizations, but there is a new approach to issues where people now have courage and feel that this is an institution that follows due process. Once your hand is clean, you can do genuine business in this country, you will continue to prosper, and I appreciate you for that vision. I can assure you and your team of a solid collaboration of NUPENG”, he said.


He itemized some of the challenges involved in the movement of petroleum products across the country, pleading with the EFCC to always come to the aid of truck drivers experiencing difficulties in the course of their works.


In his response Olukoyede noted that it was important that major players in the oil and gas sector collaborated with the EFCC to confront the national economic sabotage going on in the sector.


“It is important for us to come out as Nigerians to eradicate corruption since we all agree that corruption is a cankerworm militating against our progress as a nation. It is also important for us to collaborate and fight that major problem that is limiting our progress. As we collaborate from today, if there are members of your association that would want to continue to play hanky-panky, let them know that even their executives would not tolerate sharp practices,” he said.


He assured members of the union that the Commission would not arrest or detain any truck or driver who did not dabble into shady deals, noting that the process of profiling arrested suspected oil thieves and evaluation of petroleum products involved are often long drawn. “The EFCC will continue to work with every stakeholder in the oil and gas sector to ensure sanity in the sector”, he said.


One more photo below. 


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