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

REPS RESOLVES TO REVISIT THE ABANDONED WIND POWER FARM PROJECT IN KATSINA. (PHOTO).


 Rep’ Resolves to Revisit the Abandoned Wind Power Farm Project in Katsina 


House of Representatives has resolved to revisit the abandoned Wind Power Farm Project in Katsina State capable of generating additional 10 Megawatts of Electricity to the National Grid.


This was sequel to a motion by a member from Katsina State Alh Murtala Usman Banye, adopted by the lawmakers during a plenary session.


Alhaji Murtala Banye, explained that the project located at Lambar Rimi in Katsina State was introduced to serve as new model, cheaper and cleaner alternative source of energy that could be replicated across the board to rid the country of its frustration with hydro and gas electricity generation sources.


He said the wind power project was envisioned by the Katsina State government in 2005 and later taken over by the federal government in 2007 by the late President Umaru Musa Yar'adua administration to boost sustainable and renewable energy for a better environment.


Mover of the motion further expressed worried that the project, which was scheduled to be completed within 12 months, faced numerous unsuccessful commissions attempts even after the transmission line completion due to negligence and to some extent the devastating security situation in the State.


The lawmaker also maintained that various teams who visited the site including the Minister of power confirmed damages on the abandoned equipment after billions of naira has been expended on the project.


Adopting the motion, the house has directed its committees on power, works, finance,p public procurement and interior to investigate the matter and report to the green chamber in 4 weeks for further legislative action.

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