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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TINUBU WILL COMMISSION ABUJA RAIL MASS TRANSIT IN MAY, WIKE ASSURES. (PHOTO).

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 Tinubu will commission Abuja Rail Mass Transit in May, Wike assures


President Bola Tinubu will be happy to commission the Abuja Rail Mass Transit project in May. 

Minister of the Federal Capital Territory (FCT), Nyesom Wike, said this on Friday after an inspection tour from the Metro Station in Central Area to the Nnamdi Azikiwe International Airport, Abuja.

The Minister disclosed the Rail Mass Transit (ART) project is 97 per cent completed.

The Minister described the development as a “dream comes true”.

He said the project would be ready for inauguration to celebrate Tinubu’s one year in office.

Wike said Tinubu had approved the schedule for the inauguration of projects in FCT.

The Minister said: “We are very happy. We are almost 97 per cent completed. All works are ongoing to make sure that the May delivery date is a reality.

“I believe this is one of the projects Mr President would like to inaugurate, because it is very key to the development of the economy. 

“For me, it is a dream come true, and we are happy that after all said and done, the metro line will be put to use for Nigerians, come May 29″.

The Minister, who took a 30-minute ride from the Metro Station to the Airport, argued that it was more convenient to use the train than vehicles to go to the airport. 

He added: “I am really impressed with the contractor, China Civil Engineering Construction Corporation (CCECC).

“The company has assured us that all the renovation works on the stations will be ready before the commissioning date”.

On whether the rail lines would be extended to areas experiencing high traffic, the minister said: “I am not committing anything now, because we are taking everything step by step.

“We have to first of all, consider the financial implications. 

“Linking areas like Nyanya are important, no doubt about it. We will talk to the contractor to see what we can do, but for now, there is no commitment”.

Wike also said the FCT Administration has concluded plans to build three terminals for the road transportation system for residents of the territory.

He explained that the development would significantly help in curtailing the menace “one chance” criminals in Abuja.

Wike said the FCTA road transport system would be rolled out in May, adding that when inaugurated, people would no longer take the risk of entering vehicles they don’t know the operators.

He further sought the corporation of Abuja residents to achieve the set goals.

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