LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
Nigeria coco master Dbanj,has said that he is considering entering into full time farming to help fight poverty and encourage many African youths to embrace agriculture as a means of livelihood.Dbanj was also made the organisation's face of 2014 year of Agriculture campaign as declared by the African union.Dbanj says ''As a face of the ONE organisation's initiative to drive full participation in agriculture,i have to live by example.I am going to engage in agriculture personally to encourage millions of African youths who look up to me as a role model.I need to let them know that unlike the old stereotype of farming which was considered a purnishment,modern farming on the contrary,is a cool source of emploment for many graduates''.
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