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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ARE NIGERIANS REALLY UPSET ABOUT AISHA BUHARI N10 MILLION WATCH?.

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                         According to the BBC in a report on June 3rd,they posted two pictures in which Nigerian 1st Lady Aisha Buhari was wearing a watch estimated at N10 million during the inauguration of her husband.BBC wrote it these way ''In March,Muhammadu Buhari was elected as Nigeria's new president after a campaign which took a strong anti-corruption stance.Buhari underlined his humble credentials by raising money from ordinary voters.He even had to stretch his finances to pay the fee to register as a candidate.This image was diluted some what when his wife,Aisha Buhari,was pictured wearing an expensive looking watch at her husband's inauguration last week and these images were shared on the instagram of the photographer George Okoro.Nigeria press described it as a Catier Baignoire Folle 18 carat white gold diamond time piece that was estimated to cost around $50,000 more than 30,000 pounds or about 10 million Nigerian naira.Others however,pointed out that the knockoff version are available as little as $100''.What do you think about these new controversy?.What if she really bought it in a knock off store,is that a sin or she might have had it for a while before the campaign and being a 1st lady.One more picture below.                                                                                                                                                                         

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