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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MUDASHIRU OBASA,ELECTED TODAY AS LAGOS STATE SPEAKER.

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Obasa: Elected as Speaker, Lagos State House of Assembly                   Accordig to sources,fourth term member of the Lagos stste House of Assembly and representative of Agege constituency 1,Mudashiru Obas,was today monday elected as the Speaker for the eight session of the state Assembly.His election confirmed an earlier report last week that Obasa had been endorsed for the position at a meeting of the leaders of the All Progressives Congress,APC and members elect of the House.Obasa was proposed as the Speaker by one of his major contenders,Moshood Oshun,representing Lagos Mainland Constituency 2.Moshood Oshun motion was seconded by Sola Giwa,a fresh law maker for the Lagos Island Constituency 2.Obasa accepted the nomination at exactly 11:15am today monday.Wasiu Eshilokun Sanni was nominated and approved for the position of Deputy Speaker of the House by another Lawmaker,Gbolahan Yishawu,representing Et-Osa Constituency 2.Minutes before the election of principal officers,the House was inaugurated by Governor Akinwunmi Ambode,who said he was doing as required of him by the Nigerian constitution.In a short address to inaugurate the House,Ambode congratulated the members on their election and charged them to be good ambassadors of their various constituencies.

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