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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500 BUILDING DESTROYED BY THE POLICE.

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•One of the demolished houses in Badagry, this morning           This morning at Polome community,Mowo Phase II Badagry,Lagos state,on the orders of the Inspector General of police,Mohammed Abubakar.Over 200 armed policemen and seven bulldozers took part in the operation which was aimed at reclaiming the land,said to belong to the police from trespassers.The operation was led by ACP Osu Ekpo.The affected owners of the land admitted that the land was sold to them by land speculators some years ago,adding that they did not have C of O over the land but laid speculators started encroaching on the land when the authorities failed to do something on it.When the police discovered the encroachment,they issued a quit notice to the owners of the houses  to vacate the land in 2011.The last notice was served to them two weeks ago.Some occupants of the houses were caught unawares as they did not expect the police to strike.Many of them could not retrieve their properties while a few others were able to salvage a few of their belongings.Some of them were seen hurriedly packing their loads to prevent them from being destroyed by the bull dozers.

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