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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COSON,DISTRIBUTES ROYALTIES TO MUSICIANS TODAY IN LAGOS.

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                        Today tuesday December the 16,2014,Copyright Society of  Nigerian,popularly known as Coson,distributed royalties to over 2000 musician round Nigeria.The annual Extral Ordinary General meeting was held at the Lagos Airport Hotel Ikeja,and old and upcoming musicians like Majek Fashek,Pa Ajilo,Kenny Saint Brown etc,attended the meeting.Though music artist was expecting more than the usual they collect because of all the billionaire suite Coson has won because most of the organizations prefer to settle out of court.Tony Okoroji,the head of Coson,explained that why the money is not as much as music artist expected these year is because,more musicians registered under Coson and that caused the money  not to be as much as we musicians expected.More photos below.                                                                                  

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