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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APC DESCRIBES SARAKI'S APPOINTMENT AS TREACHERY..

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                    The All Progressive Congress {APC} has described the appointment as totally unacceptable and the highest level of indiscipline and treachery,the conduct of today tuesday's inauguration of the National Assembly that led to the emergence of Senator Bukola Saraki and Hon Yakubu Dogara as Senate President and Speaker of the House of Representative respectively.In a statement issued in Abuja today tuesday by its National Publicity Secretary,Alhaji Lai Mohammed said ''The party is supreme and its interest is suprerior to that of it's individual members.Consequently,the APC leadership is meeting in a bid to re-establish discipline in the party and to meet out the necessary sanctions to all those involved in what is nothing but a monumental act of indiscipline and betrayal to subject the party to ridicle and create obstacle's for the new administration.There cam be no higher level of treachery,disloyalty and insincerity within any party''.Meanwhile,the APC has asked all its loyal senators elect to please report to the senate to be Sworn in,in order to discharge their constitutional duties.

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