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
The affected schools are Honesty private school located at 4/6,Akintayo Akinbola street,Surulere,Heibenah Montessori schools at 78,Agbebi street,Ijeshatedo in Surulere and Elyon Ambassador private school at 3,Mabayoje street,Oshodi.According to the state Commissioner for Education,Mrs Olayinka Oladunjoye,she said the affected schools were also operating in residential/converted structures where in some shops were attached to the building in question without provision for special rooms and other reqquired facilities.The schools shared fence with another registered private school,and it was also discovered that they did not provide required records upon demand from officials of state ministry of Education while those who provide some records were not properly updated.
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