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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NIA DG, AHMED RUFAI RESIGNS. (PHOTO).

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  NIA DG, Ahmed Rufai resigns

NIA boss tenders resignation to President Tinubu


In a surprise move, the Director General of the National Intelligence Agency (NIA), Ahmed Rufai Abubakar, has resigned from his position, effective immediately. 


Abubakar submitted his resignation letter to President Bola Tinubu on August 24.


The reasons behind Abubakar's sudden departure are still unclear, sparking speculation about the circumstances surrounding his exit.


Abubakar, who was appointed NIA DG by former President Muhammadu Buhari in January 2018, has been at the helm of the agency for over five years. 


His resignation comes at a time when the agency is critical in addressing Nigeria's security challenges.

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