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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THE NIGERIAN FEDERAL GOVERNMENT,BANS ALL ILLEGAL CAR STICKERS.

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                            The Nigerian Federal Government,is becoming worried about the sale of illegal sales o stickers on the federal and state high ways,especially those claiming to be working for Association of Local Governments of Nigeria,ALGON,aided by the police used clubs and other weapons to attack motorists.The Joint Tax Board {JTB} sent a statement,through it secretary M.L Abubakar saying ''Over time,it has come to the notice of the JTB that certain persons are in the practice of producing various types of emblems and stickers and selling same to commercial motor vehicle owners,heavy  duty trucks and vehicles owned by companies under the guise of collecting tolls and levies for the government.These persons engaged in incessant harassments and molestation of road users to collect these illegal levies.Their activities constitute not only a nuisance,but also an embarassment to the general public and particularly,the tax authorities at the three tiers of government under whose guise they claim to collect these levies.With the introduction of our new emblem,any form of harassment or intimidation by any person or group of persons with respect to payments for emblem or any stickers other than the approved one should be reported to the nearest police station,tax office or any other law enforcement agency''.

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