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 PEOPLE BURNT TO DEATH,AS A PETROL TANKER EXPLODED AT IKORODU TODAY.

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•A house burnt by petrol tanker fir in Ikorodu this morning. PHOTO: DAMILARE OKUNOLA                    According to sources,today wednesday at least three people were confirmed dead during a fire outbreak that occured when a petroleum tank belonging to Forte oil exploded around 6:47am in Ikorodu area of Lagos state.The tanker driver had a brake failure while trying to climb the steep  hill on Beach Road opposite the abbatoir on the same road.The driver of the tanker,a motorcycle rider and a yet to be identified commuter were burnt beyond recognition as the fire gutted the abbatoir and wreaked havoc in the area.Cows and goats had also been burnt as fire also spread to a building inside the slaughter slab which serves the people of Ebute and its environs.

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