LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
According to sources,the fire started around 9:am today monday mornin at the African Independent Television {AIT} studio at Alagbado,when an air condition in the studio was affected by high voltage electricity.The Director of Fire Service,Mr Rasak Fadipe,confirmed the incident when he told the press that ''The fire was caused by high voltage.We arrived at the scene at 9:30am and we spent about 15 minutes for active fire-fighting operations.Only the air conditioner was damaged as we were able to curtail the spread of the fire''.I thank God nobody lost their lives,during the fire outbreak.The Nigerian fire service is really working now,unlike before when they will arrive the scene of the incident,with no water in their tank,and in the process of looking for water,lives and properties will be lost.
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