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

SOUTH EAST DEVT COMMISSION WILL END IGBOS CRY OF MARGINALIZATION- IFEANYI UBAH. (PHOTO).


 South East Devt Commission will end Igbos cry of marginalization – Ifeanyi Ubah


The Senator representing Anambra South, Ifeanyi Ubah, has said that the newly passed South East Development Commission Bill will assuage the feeling of marginalization among the Igbo.


Ubah, in a press release he signed, which was made available to newsmen in Awka, Anambra State capital, thanked the Senate for passing the bill, saying it is a crucial step towards addressing the needs of Ndigbo.


The bill was first introduced to the present 10th Senate by Ubah, and later passed through first reading on Wednesday, October 4, 2023.


Ubah commended the Senate for working tirelessly to ensure that the bill process was not discontinued after its first reading and for diligently working to ensure its passage.


He said: “I appreciation the Senate on behalf of the South East Senators and Honourable Members. The South East Development Commission Bill is important in addressing the developmental challenges faced by the South East region of Nigeria.


“I emphasize the need for targeted interventions to promote economic growth, infrastructure development, and social welfare in the region.”


He reiterated that the Commission would not only put the perceived marginalization of the South East to an end but would also, when signed into law, enable the zone to benefit directly from Federal Government intervention programmes which are already being enjoyed by other zones like the South-South and North East through the Niger Delta Development Commission and North East Development Commission, respectively.


He noted that the Federal Government is committed to the development of all regions of the country, adding that he is confident that the Senate would prioritize the implementation of the bill when signed into law by ensuring that the Commission is effectively established and empowered to fulfil its mandate.

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