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
They are called the Lebanese Nigeria Initiative,a group of Lebanese business men and women in Lagos.Not only did they donate N80million but also donated a troop carrier truck.Presenting the cheque,Haddad said the donation was made in the name of the Lebanese business community that it was to show the appreciation the Lebanese community had towards Nigeria.She said ''This country had allowed our Lebanese citizens to establish business which has afforded them the opportunity to contribute to the country's economy.It also helped us to show appreciation to the state government'ts effort to ensure that the state is well secured.We hope that this contribution will further boost the provision of security apparatus in the state''.Governor Fashola was presented with the check and he thanked them for it.One more picture below. 
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