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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PETROLEUM MINISTRY ENDS SECTORAL RETREAT, EXPRESSES COMMITMENT TO IMPLEMENTING MINISTERIAL DELIVERABLES. (PHOTOS). #PRESS RELEASE.

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 PETROLEUM MINISTRY ENDS SECTORAL RETREAT, EXPRESSES COMMITMENT TO IMPLEMENTING MINISTERIAL DELIVERABLES



The Ministry of Petroleum Resources has ended its 3-day  Oil and Gas Sector Retreat with an unwavering commitment to implement the Ministerial Deliverables set for the Ministry and its Agencies by President Bola Ahmed Tinubu, GCFR in November, 2023.


The Retreat with the theme: “Building Synergy for the Enhanced Development in the Oil and Gas Sector”, started on Tuesday, 26th, and ended on Thursday, 28th March, 2023 in Abuja.


Following Tuesday's keynote addresses by the two Ministers of State Petroleum Resources (Oil and Gas), Sen. Heineken Lokpobiri, Ph.D and Rt. Hon. Ekperikpe Ekpo respectively, Wednesday and Thursday witnessed robust brainstorming syndicate sessions on topical industry issues by experts in the Ministry and the various Agencies within its purview, all aimed at developing the oil and gas sector.


In his closing remarks on Thursday, the Permanent Secretary, Ministry of Petroleum Resources, Amb. Nicholas Agbo Ella, said the gathering had epitomized collaboration, expertise, and a shared dedication to ushering in transformative change within Nigeria's oil and gas sector.


“As we conclude this retreat, let us look to the future with optimism and determination. Our deliberations have laid the groundwork for tangible progress and sustainable development within the oil and gas sector”, the Permanent Secretary noted.


He expressed confidence that continued collaboration, innovation, and strategic focus would ensure the realization of the shared vision of a thriving and resilient industry that drives economic growth, enhances energy security, and fosters social prosperity for all Nigerians.


“Fundamentally, what we are all looking at is the prosperity of the average Nigerian on the street. If we have enough production of crude and of gas that can serve the generality of Nigerians, there will be social cohesion, economic development and there will be peace in our country. Looking ahead, I anticipate that the implementation of the Ministerial Deliverables will yield significant dividends”, he posited.


For their Human Capital Development and training needs, the Permanent Secretary implored the Ministry and her Agencies to patronize the Petroleum Training Institute (PTI) ,one of the Agencies under the Ministry in Efurun, Delta State.


Ella also conveyed the appreciation of the Ministers of State who were unavoidably absent  at the closing ceremony due to other pressing official engagements to all that  made the retreat a success.


Oluwakemi Ogunmakinwa (Mrs).


Deputy Director (Press and Public Relations)

One more photo below. 

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