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

US ANNOUNCES $27M HUMANITARIAN AID FOR NIGERIA. (PHOTO).



 US announces $27m humanitarian aid for Nigeria



The U.S. government has unveiled a $27 million humanitarian aid package specifically for Nigeria, aimed at supporting vulnerable populations and enhancing resilience against food insecurity and climate change impacts. The announcement was made by the U.S. Mission in Nigeria on Tuesday in Abuja, underscoring the commitment of the U.S. to address critical humanitarian needs in the region.


U.S. Ambassador to Nigeria, Mary Beth Leonard, highlighted the significance of the aid, stating, “This funding represents our ongoing commitment to support Nigeria in its efforts to combat food insecurity and adapt to the challenges posed by climate change. We are dedicated to helping communities build resilience and ensure sustainable development.” Leonard’s comments reflect the broader scope of the aid package as part of a larger $536 million initiative for sub-Saharan Africa.


The U.S. Mission emphasized that this allocation is a crucial component of its humanitarian efforts across the continent. “Our goal is to provide immediate relief while also fostering long-term solutions to the pressing issues of food insecurity and climate resilience,” said the U.S. Mission spokesperson. The aid is expected to significantly impact communities in Nigeria, offering both immediate support and a foundation for future stability. 

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