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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ARIK AIR UNVIELS NEW GENERATION BOMBADIER CRJ 100.

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Arik Air new Bombardier CRJ 100 plane           Nigeria's largest airline,Arik Air,today Saturday,celebrated its seventh anniversary with a brand new Bombadier's next generation CRJ 100 aircraft,the first of it's kind in Africa.The latest acquisition brings the airline's fleet size to 26 aircraft,all of them less than eight years old.''as we mark our seven years of un interrupted service,we also look forward to the next chapter of our history in revolutionising air travel and we do so by proudly unveiling the newest member of Arik's modern fleet-bombardier's next generation CRJ 100 regional jet'' said DR Michael Arumemi Ikhide,Arik Air Group chief executive officer and son of the airline's chairman,Joseph Arumemi Ikhide.Many dignitaries attended the event,including the chaiman senate committee on Aviation,Hope Uzodinma,Cardinal Olubunmi Okogie,Raymond Dopesi,Ben Murray Bruce,Representatives of the Vice president and Nigerian president as well as Canada Deputy High Commissioner to Nigeria.

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