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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SCHUMAN SECURITY AND DEFENCE FORUM: BADARU DISCUSSES INTERNATIONAL SECURITY COOPERATION & CONTEMPORARY DEFENCE CHALLENGES. (PHOTO). #PRESS RELEASE

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 PRESS RELEASE


SCHUMAN SECURITY AND DEFENCE FORUM: BADARU DISCUSSES INTERNATIONAL SECURITY COOPERATION & CONTEMPORARY DEFENCE CHALLENGES



The Honourable Minister of Defence, H.E. Muhammed Badaru Abubakar CON mni, is currently attending the Schuman Security & Defence Forum in Brussels, Belgium. The Forum, which commenced today, featured high-level discussions on global security and defence strategies.


Badaru made a keynote presentation on Nigeria's security situation and the country's strategic approach to addressing contemporary security challenges. He said that the successes recorded in the fight against insurgency and terrorism were as a result of the nation's defence and security architectures implemented by His Excellency, President Bola Ahmed Tinubu GCFR, since the inception of his administration.


He highlighted some of the President's defence and security architectures to include: the  strengthening of regional  and International security partnerships, signing of the Defence Industries Corporation of Nigeria (DICON) Bill, 2023, to enhance local defence production and reduce reliance on foreign arms imports,  launch of the Nigerian Navy's new warship, NNS Gusau, to strengthen maritime security and protect the nation's territorial waters, approval of a comprehensive national security strategy to tackle emerging security threats and challenges, increase in military funding to enhance personnel welfare, training, and equipment and the introduction of a new counter-terrorism policy to combat Boko Haram and other terrorist groups.


According to him, the critical dialogues at the Forum is aimed to enhance international security cooperation and address contemporary defence challenges. He emphasized that the Forum provides a vital platform for Nigeria to engage with global partners and reinforce its commitment to regional and international peace and stability.


The Schuman Security & Defence Forum brings together EU Ministers of Defence, representatives from partner countries, international and regional organisations, think tanks, and academia to exchange views on common security challenges and responses.


The Forum is the second edition of the Schuman Security and Defence Forum, following the success of the first edition last year


The Forum is being held at a time of heightened security concerns in Europe and globally, and is seen as an important opportunity for countries to come together and address common security challenges.


Henshaw Ogubike Mnipr FCAi Fsca Fcpe 

Director ( Information and Public Relations)

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