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

ONITSHA CHAMBER OF COMMERCE INSTALLS 15TH PRESIDENT, LAUDS SOLUDO ON PARTNERSHIP WITH ORGANIZED PRIVATE SECTOR. (PHOTO). #PRESS RELEASE.


 Onitsha Chamber of Commerce Installs 15th President, Lauds Soludo On Partnership With Organized Private Sector


By Juliana Nwachukwu 


The Onitsha Chamber of Commerce, Industry, Mines and Agriculture (ONICCIMA) has installed Chief Augustine Ibeme as the 15th President along side other executives to pilot the affairs of the chamber for the next new tenure.


The National President of Chamber of  Commerce, Mr Dele Oye while performing the installation/inauguration ceremony charged the newly inaugurated president and other executives to do things that will promote the chambers' activities to  greater heights. 


Oye, who was represented by Mr Humphrey Ngonadi, the President, South-East/South South  Chamber of Commerce, said that Onitsha is very rich in business and as such should be explored to improve the chambers.


He lauded Governor Charles Soludo of Anambra State for partnering with organised private sectors in making the state business friendly.


He noted that the chamber was grateful to the governor for his unalloyed support to their movement.


Speaking on behalf of the inaugurated executives, the ONICCIMA President, Ibeme, commended the past leadership of the state chambers for their immense contributions to building ONICCIMA.


According to him, "I must not fail to appreciate and thank our past presidents who have immensely contributed to building ONICCIMA in the state.


"I will restore the lost glory of Onitsha business community, my vision is to explore every meaningful way to restore the glory of Onitsha business environment by seeking platforms for advocacy with different stakeholders.


"My major focus is to complete the ONICCIMA secretariat, a project that is already underway", he said.


He assured that they would accommodate diverse businesses, including building entrepreneurs who would benefit through mentorship from already established companies.


Earlier, the state Commissioner for Industry, Mr Christian Udechukwu, noted that administration of Governor Charles Soludo is business friendly as he highlighted various reforms the current government is putting in place.


In his contribution, former President of ONICCIMA, Chief Uche Apakama, said the installation of Ibeme was an opportunity to raise fund for the completion of the ONICCIMA secretariat under construction.


He said,  "today is a success story, another opportunity to support the completion of the construction of the secretariat, before the end of this year, we must enter the building, no matter how it is. We partner with government and give advice.


"Government said they don't have money but they can talk to people who will give us. There are four suites in the building and we can give one to the press since they don't have press centre in Onitsha," he disclosed.


Apakama however, frowned at the spate of illegal multiple levies being extorted the public by touts and urged Governor Soludo to come to the rescue as the illegal activities of these touts have prevented growth of business in the commercial city of Onitsha.


He also condemned the poor state of most roads in Onitsha, adding that palliative work could be done to ameliorate the sufferings of the people even as he also condemned the insecurity situation in the state especially Onitsha.


"We are talking about 24 hours business in Onitsha but today we do only eight hours business because of insecurity. The governor is trying his best but can call on Onitsha Chamber of Commerce on the present socio-economic and political quagmire for advice as the chamber of commerce is more diverse than the market unions," he further posited.


High point of the event was conferment of award to the former President  of ONICIMA, Chief Chris Ukachukwu and presentation of awards to various stakeholders and past executives of ONICCIMA in the state. 


* Nwachukwu is of the Ministry of Information, Anambra State *

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