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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3 CHINESE NATIONAL,WAS KIDNAPPED YESTERDAY BY UNKNOWN GUNMEN IN KOGI,KILLING ONE POLICEMAN.

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                                  According to the Nigerian Police,who confirmed yesterday friday kidnap of 3 Chinese national said today saturday that ''Three Chinese nationals were abducted by some unknown gunmen within the early hours of friday.One policeman was killed while another sustained gunshot wounds''.Other sources said the gunmen had stormed a quarry outside Lokoja,the capital of Kogi state,and engaged the policemen on guard in a shootout.The kidnappers escaped with their hostages on foot through the bush,in which the police began trailing them immediately.It was unknown whether the kidnappers were planning to demand a ransom.

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