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 PARTNER WITH NATIONAL COUNCIL FOR CIVIL SOCIETY OF NIGERIA IN COMBATING INSECURITY. (PHOTOS). #PRESS RELEASE

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 PRESS RELEASE


FG TO PARTNER WITH NATIONAL COUNCIL FOR CIVIL SOCIETY OF NIGERIA IN COMBATING INSECURITY 




...Listed President Bola Ahmed Tinubu's positive initiatives to turn the economy around 


The Honourable Minister of Defence, H.E. Mohammed Badaru Abubakar CON, mni, has commended the National Council for Civil Society of Nigeria for not participating in the ongoing protests and highlighted to them the President Bola Ahmed Tinubu GCFR's numerous initiatives to turn the economy around for the benefit of all Nigerians.


During a meeting with the National Council's delegation yesterday in his office at Ship House, led by Comrade Johnny Emmanuel, the Minister emphasized the importance of collaboration with civil society organizations in addressing insecurity. He cited their strong connections to local communities and ability to provide valuable intelligence, mediation, and humanitarian assistance in conflict-affected areas.


Minister Badaru assured the delegation that President Tinubu was committed to improving the economy through robust economic policies, which have started yielding positive results. He mentioned the economic growth in Q1 2024, the second-fastest first-quarter growth in the last six years, and the Defence strategy's success in improving security.


The Minister highlighted several other initiatives, including:


- The Nigerian Student Loan Scheme to increase access to higher education

- The Livestock Ministry to address herders and farmers' clashes

- The Renewed Hope Infrastructure Development Fund (RHIDF) to increase funding for infrastructure

- The sale of crude oil to indigenous refining companies in Naira

- The signing of the National Minimum Wage Act into Law

- The autonomy granted to Local Governments for effective accountability and development

  .irrigation (Dams and channels)

. Zero tariffs and duties on imports of raw materials and active pharmaceutical ingredients 

. 

. Distribution of grains to the states

. And other social security interventions 


"I am still appealing to Nigerians to be patient as  the President is introducing more innovations to improve the economy. He is just one year in office and he has done very well and I know that with these initiatives, we will soon start to see the positive results," he assured Nigerians.


Earlier, the National President of the National Council of Civil Society of Nigeria, Comrade Johnny Emmanuel, commended the Minister for his outstanding performance and commitment to service.


According to him, they have been taking track records of the Minister's achievements since when he was a Governor. Describing Badaru as a man with modest life style said that his commitment to judicious use of resources in Jigawa State earned him the nick name "Calculator"


The highlight of the event was the presentation of award to the Minister in recognition of his outstanding commitment, patriotism and integrity to service.


Henshaw Ogubike Mnipr FCAi Fsca Fcpe 

Director ( Information and Public Relations)

One more photo below. 


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