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 TO FAST TRACK DEVELOPMENTAL STRIDES IN NIGER DELTA REGION (NDR).(PHOTOS).#PRESS RELEASE.

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 PRESS RELEASE


FG TO FAST TRACK DEVELOPMENTAL STRIDES IN NIGER DELTA REGION (NDR)



The Honourable Minister, Ministry of Niger Delta Development, Engr. Abubakar Momoh (FNSE) says the Federal Government (FG) has identified a need to harness enormous potentials and investments of Public Private Partnership (PPP) towards fast track of developmental strides in the NDR.


He made this known during the ongoing National Council on Niger Delta (NCND) with the theme: "Stimulating Strategies for Economic Growth and Development in the Niger Delta Region". Meeting venue is the Unity Hall, Government House Complex, Asaba, Delta state.


The Minister said, "We are reinforcing coordination mechanism to deliver planned objectives in the NDR. Efforts in this direction include the presidential charge to harmonise all development plans in the region into a single strategy which will ensure shared purpose and articulated development among stakeholders in the region".


Speaking further, Momoh assured that the MNDD is implementing a Maritime Transportation system under the PPP funded arrangement for a start to ensure effective take off of ferry services as part of the implementation phase.


The Minister pointed out that the National Council is a high level platform for critical stakeholders to deliberate on matters affecting the region and take necessary steps towards resolving same. He stressed that the Council is therefore strategic to the Ministry and indeed the entire NDR as decisions reached will be taken seriously by the present leadership of the Ministry and included in the materials for the development of the blueprint for attaining the desired outcomes for the region.


President Bola Ahmed Tinubu represented at the event by Prince Abubakar Audu, Minister of Steel Development stated, "The focus of this Council is in tandem with the cardinal objectives of my administration which are adequately enunciated in the Renewed Hope Agenda document".


Earlier, the host Governor, Rt. Hon. (Elder) Sheriff Oborevwori welcoming all to the state posited that the regions natural resources be harnessed for inclusive development to enable provide gainful employment for the youths.


The Permanent Secretary, MNDD, Dr. Shuaib Belgore (OON), Deputy Governor, Delta state, Sir Monday Onyeme, Chairman, Niger Delta Development Commission (NDDC), Chiedu Ebie, various representatives of state governors of the NDR, development partners, stakeholders, traditional rulers of host communities are amongst the dignitaries at the Council.


Eunice Akro

Deputy Director, Information and Public Relations

23/04/2024.

More photos below.




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