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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COMPUTER VILLAGE IN IKEJA,TO BE RELOCATED.

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Computer village in Ikeja, Lagos         These story is true becaiuse N500million have been budgeted for the project by the Lagos state Government,to relocate computer village,Ikeja to Katangowa market in Agbado oke-odo area of Lagos state.The money above mentioned,is already included in the 2014 budget by the state government and it is expected that the relocation of the computer village will take place before the end of March this year 2014.The new market will be a modern standared market that will serve as one stop shop for IT industry.This will further enhance business in a friendly and enabling environment that will add value and ensure accessibility.

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