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

MESSRS LEONARDO OF ITALY AFFIRM TIMELY DELIVERY OF M-346 FIGHTER AIRCRAFT. (PHOTOS). #PRESS RELEASE.


 MESSRS LEONARDO OF ITALY AFFIRM TIMELY DELIVERY OF M-346 FIGHTER AIRCRAFT



The Vice President of Messrs Leonardo, Mr Claudio Sabatino has assured the Chief of Air Staff (CAS), Air Mashal Hasan Abubakar, of his Company’s unwavering commitment to the timely delivery of the M-346 fighter aircraft beginning with the first batch of 6 expected in Nigeria before the end of Year 2024.  Mr Sabatino stated this when he paid a visit to Nigerian Air Force (NAF) Headquarters on Wednesday, 17 April 2024. While thanking the CAS for the warm reception accorded him and his entourage, Mr Sabatino also stated that further engagement between the NAF and his Company would be necessary to conclude other aspects of the project such as the commencement of pilots and engineering training. Speaking further, Mr Claudio assured the CAS that when finally completed, the maintenance of the aircraft fleet would not constitute a challenge as there is a binding agreement for Leonardo’s maintenance support for the minimum of 25 years. He also noted that the manufacturing of the aircraft fleet has reached an appreciable state and is being carried out with the utmost skill and expertise.


The assurance of long-term maintenance support provided by Leonardo was particularly met with appreciation by the CAS, who recognized the inherent value of such commitment in ensuring the sustained operational readiness of the entire aircraft fleet. Reflecting on the journey thus far, Air Marshal Abubakar also acknowledged the challenges overcome and expressed optimism for the future trajectory of the partnership. Envisioning the operational impact that the M-346 fighter aircraft brings to fore, Air Marshal Abubakar went on to underscore its dual role in bolstering training capabilities and augmenting operational effectiveness in diverse mission scenarios. Moreover, the prospect of Close air support, Air Interdiction, and tactical reconnaissance as well as Advanced Pilot Training capabilities inherent in the M-346 fighter aircraft heralded a new prospect for NAF’s operational versatility. The CAS further proposed the establishment of a dedicated Program Management Office, tasked with overseeing all facets of the collaboration. Air Marshal Abubakar also used the opportunity of the visit to reiterate the significance of Messr Leonardo's physical presence in Nigeria as a maintenance hub for their long list of African clienteles, whole also emphasizing the need for close coordination and synergy in achieving shared objectives with regards to the expeditious delivery of the fleet. Moving forward, both parties concurred on the importance of regular dialogue and collaboration as well as scheduling future meetings to delve into detailed arrangements on logistics, maintenance protocols and configuration requirements. 


Recall that the Federal Government is acquiring 24 x M-346 fighter aircraft from Messrs Leonardo of Italy in a move that marks a significant step in NAF’s ongoing efforts to modernize its fleet as well as bolster its operation effectiveness. The aircraft is expected to arrive in Nigeria in 4 trenches of 6 each, with the first trench billed to arrive before the end of Year 2024.


Edward Gabkwet

Air Vice Marshal

Director of Public Relations and Information

Nigerian Air Force


19 April 2024.

More photos below. 







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