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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2M SECURITY PERSONNEL CAN'T PROTECT OVER 200M NIGERIANS- COAS. (PHOTO).

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 2m security personnel can’t protect over 200m Nigerians — COAS


THE Chief of Army Staff, Gen. Taoreed Lagbaja, Tuesday, said it is unrealistic for two million security personnel to protect a population of over 200 million Nigerians.


Gen. Lagbaja made this remark during the 2024 distinguished personality lecture in Ilorin, Kwara State.


The COAS, who was represented by the Chief of Army Training, Sanni Mohammed highlighted the military’s heavy reliance on imported defence equipment due to the country’s weak industrial base.


The army chief also expressed concerns over the inadequate funding of the Armed Forces of Nigeria, AFN, which he said significantly affected the military’s operational performance.


He said: “In a country of over 200 million people, it is unrealistic to expect security agencies, totalling around two million, including an army of just over 100,000 active personnel without a reserve force, to secure the entire population.


“We import over 90 per cent of our military needs,” he said, noting that despite some local production efforts, the country’s dependence on foreign military supplies remains overwhelming.

“The pursuit of national development alongside national security is a costly endeavour, as defence policy is capital-intensive.

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