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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PORT HARCOURT REFINERY: NNPCL ANNOUNCES SEPTEMBER AS FRESH COMMENCEMENT DATE. (PHOTO).

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 Port Harcourt Refinery: NNPCL announces September as fresh commencement date


The Nigerian National Petroleum Company Limited has announced September 2024 as a new date for the commercial commencement of Port Harcourt Refinery.


The Chief Financial Officer of NNPCL, Umar Ajiya disclosed this on Monday while speaking with journalists in Abuja.


According to him, the petroleum products will be ready for testing before it is usually supplied to the domestic market in September.


Earlier, the national president of the Petroleum Products Retail Outlets Owners Association of Nigeria, Billy Gillis-Harry had hinted that the refinery is set for commencement.


This comes after several announcements of commencement dates that had not come to light.


Recall that in July, Mele Kyari, the Group Chief Executive Officer of NNPCL had announced that the refinery, with a combined capacity of 250 million barrels per day, would commence operation in August.


Similarly, the firm had announced March and July 2024 dates for the commencement of the refinery after its mechanical completion in December last year.

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