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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PRES. TINUBU TO EMBARK ON OFFICIAL VISIT TO NETHERLANDS AND ATTEND ECONOMIC FORUM IN SAUDI ARABIA. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE


PRESIDENT TINUBU TO EMBARK ON OFFICIAL VISIT TO NETHERLANDS AND ATTEND ECONOMIC FORUM IN SAUDI ARABIA



President Bola Tinubu will on Tuesday, April 23, depart Abuja for the Kingdom of the Netherlands on an official visit.


On the invitation of the Prime Minister of the Kingdom of the Netherlands, Mark Rutte, President Tinubu will engage in high-level discussions with the Prime Minister, as well as hold separate meetings with His Royal Majesty, King Willem-Alexander and Queen Maxima of the Kingdom. The Queen is the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA).


While in the Netherlands, the President will participate in the Nigerian-Dutch Business and Investment Forum that will bring together heads of conglomerates and organizations in both countries to explore opportunities for collaboration and partnerships, especially in agriculture and water management towards innovative solutions for sustainable farming practices.


There will also be extensive discussions with the Dutch officials on port management operations for which they have world-renowned expertise. 


After his engagements in the Netherlands, the President will proceed to attend a special World Economic Forum (WEF) meeting scheduled for April 28-29 in Riyadh, Saudi Arabia.


At the World Economic Forum meeting, which focuses on Global Collaboration, Growth and Energy for Development, President Tinubu and his entourage will use the opportunity of the gathering of over 1,000 leaders from business, government, and academia to engage in discussions in furtherance of his Renewed Hope Agenda for the country.


The President will be accompanied by some ministers and other senior government officials.


Chief Ajuri Ngelale


Special Adviser to the President 


(Media & Publicity)


April 22, 2024

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