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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PRESIDENT TINUBU HAILS CREATIVE ZEAL OF NIGERIAN YOUTHS TO DIGITALLY INNOVATE NIGERIA TO PROSPERITY AND GLOBAL ACCLAIM . (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE 


PRESIDENT TINUBU HAILS CREATIVE ZEAL OF NIGERIAN YOUTHS TO DIGITALLY INNOVATE NIGERIA TO PROSPERITY AND GLOBAL ACCLAIM 



On International Youth Day, President Bola Tinubu celebrates Nigeria's youths and extols their creative zeal and agency to drive digital adoption, trends, and innovation in Nigeria and beyond. 


The International Youth Day is celebrated every August 12, and the 2024 theme is 'From Clicks to Progress: Youth Digital Pathways for Sustainable Development.'


President Tinubu affirms that within the nation's youths lies the excellent spirit and pearl of transformation to digitally innovate Nigeria to prosperity and global acclaim.


The President acknowledges the strides of the youth in diverse spheres, especially in developing billion dollar technologies and innovations to make the world a more prosperous and evolved place.


The President salutes that Nigerian youth in Ebute Metta with only a ringlight and a camera, creating legitimate income and wonders in amusement; that young woman entrepreneur in Aba, creating inimitable fashion pieces, and that young man in Kano, creating pathways for sustainable agriculture through agro-technology.


President Tinubu states that it is in furtherance of harnessing the creative talents of the youth that his administration relaunched the Nigeria Youth Investment Fund (NYIF) under the Federal Ministry of Youth Development.


The facility is a N110 billion fund dedicated to empowering the youth in priority sectors to drive sustainable economic growth and development. 


The Digital and Creative Enterprises (IDiCE) programme, the 3Million Technical Talents Scheme, the Skill-Up Artisans Programme (SUPA), and the National Youth Talent Export Programme (NATEP) are also some of the programmes to empower the nation's young people, and create millions of IT and technical jobs that will make them globally competitive.


On this special occasion to celebrate the youth, President Tinubu assures Nigerians that his administration is here to make their dreams come alive in a sustainably expanding, inclusive economy.


Chief Ajuri Ngelale


Special Adviser to the President


(Media & Publicity)


August 12, 2024

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