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

DANGOTE REFINERY STILL IN ITS PRE-COMMISSIONING PHASE, YET TO RECEIVE FULL OPERATIONAL LICENCE, SAYS NMDPRA. (PHOTO).


 Dangote Refinery still in its pre-commissioning phase, yet to be full licence, says NMDPRA


The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Dangote Refinery is still in its pre-commissioning phase and has yet to receive a full operational licence.


This is coming at a time Danote Refinery and Nigerian National Petroleum Company Limited (NNPCL) contending Premium Motor Spirit (PMS) or petrol price


The update comes amid high expectations for the Dangote Refinery, which is anticipated to significantly reduce Nigeria’s reliance on fuel imports once it achieves full operational status.


The Head of Public Affairs at NMDPRA, George Ene-Ita, clarified that the refinery is currently undergoing a phased process, with only two out of four priority sections approved for the introduction of hydrocarbons.


“The entire plant is subdivided into four sections technically referred to as priorities one, two, three, and four,” Ene-Ita explained, adding that “At this stage of pre-commissioning, only priorities one and two have been given approval to introduce hydrocarbons, which allows the plant to operate on a test-run basis.”


Under this condition, Ene-Ita said the refinery is permitted to produce petroleum products such as diesel, jet fuel, and kerosene, which are then released into the market under regulatory supervision.


This pre-commissioning phase also involves conducting rigorous pre-startup and safety audits of the facility, Ene-Ita told The Guardian.


He noted that the audits include tests on the plant’s mechanical, electrical, and instrumentation systems to ensure the refinery’s readiness for full-scale production. Ene-Ita said full production and an increased volume of PMS would only be achieved when approval is given to introduce hydrocarbons into priorities three and four.


“Once these sections are operational, the plant will undergo a 90-day observation period during which additional tests and audits will be carried out to confirm compliance with regulatory guidelines. If, after 90 days, our technical team confirms that the facility adheres to all parameters, the refinery will be issued a License to Operate (LTO), marking its full operational status,” he said.


Ene-Ita said that this procedure is standard and applies to all refineries in Nigeria.


Regarding concerns over the colour of PMS produced during the pre-commissioning phase, Ene-Ita clarified that, according to the Nigeria Industrial Standards (NIS), the specified colour for PMS is Oxblood Red. However, since the refinery is not fully operational, the colour may not yet conform to this standard.


“It’s important to note that colour is not necessarily an indicator of product quality, nor is it a quality parameter in regulatory compliance. When the Dangote Refinery becomes fully operational, it will be expected to produce PMS that conforms to the NIS colour specifications,” Ene-Ita stated.

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