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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WOMEN THESE MARC JACOB DRESS IS WORTH $28,000?

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This beautifully crafted Puffy Clouds Embroidery Dress is not your average Marc Jacobs off-the-rack party gown; made in a Swiss embroidery mill, the dress is available by special order for $28,000             All Nigerians please bring out your calculator if you don't have one,make use of your phone.Now times $28,000 with 150 since dollar fluctuates,my answer is N4.2million in convert.These lace that is looking dry lace,because it is hand woven and is made in Swiss embroidery mill that is why is costing so much.These Marc Jacobs fall 2014 collection hand made see through dress,is't better than the one they weave in Lagos Island?.If they tell you to bring N100,000 to weave Aso oke for you,you will be shouting but the same Nigerian celebrity will soon use their hard earn + hustling money to go and buy these dress just to please people.Let me teach you how to invest with that N4.2 million naira.You will buy land at Agbara for N800,000,get approval to build the house which might not be upto N200,000.Buy cement and blocks N500,000 to make sure the ground floor is set and ready to move in.Plus all what i have mentioned you will notice you still have change.Be wise how you spend your money.Just incase you plan to buy these dress make sure you wear the tag so we will know you bought it for $28,000.                                                               Jacobs' design studio paid $11,000 (8,000 euros) per meter for the fabric that took three people one week to make. Each of the dress' organza flower motifs were then hand-stuffed with three meters of yarnThe designer will lend the dress out on a limited basis to celebrities for red carpet events

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