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 UNCOVERED 32 ROUTES THROUGH WHICH FOOD ITEMS ARE SMUGGLED OUT OF NIGERIA. (PHOTO).

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 The Federal Government says it has uncovered 32 routes through which food items are smuggled out of Nigeria. 



Vice President Kashim Shettima disclosed this while addressing a conference on Public Wealth Management held in Abuja on Tuesday, February 20.


He said on the midnight of Sunday, February 18, 45 trucks loaded with maize were intercepted while making their way to neighboring countries.


“Just three nights ago, 45 trucks of maize were caught being transported to neighboring countries. Just in that Ilela axis, there are 32 illegal smuggling routes. And the moment those food stuff were intercepted, the price of maize came down by N10,000. It came down from N60,000 to N50,000. So, there are forces that are hell-bent on undermining our nation but this is the time for us to coalesce into a singular entity,” he said

 

Shettima, who acknowledged that Nigeria is passing through turbulent time, assured the people of the country that the pain will not last forever. 


He, however, condemned a situation whereby some persons fuel the embers of division and violence because of the current situation.


“We have to make this country work. We have to move beyond politics. We are now in the face of governance. Sadly, some of our countrymen are still in the political mode. They are the practitioners of violence, advocating that Nigeria should go the Lebanon way. But, Nigeria is greater than anyone of us here. Nigeria will weather the storm. Forces are hell-bent on plunging this country into a state of anarchy. Those who could not get to power through the ballot box, instead for them to wait till 2027, are so desperate,” he said.

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