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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SUSPECTED GOVERNMENT OFFICIALS,DEMOLISHED LADIPO AUTO SPARE PARTS MARKET TODAY IN LAGOS.

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Traders locked outside the market as demolition going on at Ladipo market               According to sources,some armed men and officials suspected to be working for Mushin Local Government and supported by a team of policemen today tuesday morning invaded Ladipo Auto Spare Parts market and demolished shops in the market.During the demolition exercise,the traders were barred from entering the market in Mushin Lagos state,to remove their goods from the shops.The armed men were battle ready to forestall any resistance from the traders as the demolition was going on.Traders were also not allowed to get near the entrance into the market as tipper lorries were seen taking sand and gravel into the market to commence work after the demolition.The chairman of the market and president of the Central Market Union,Comrade Kingsley Ogunor said he was not informed before they came for the demolition which threw the entire market into confusion.Infront of the market gate was a banner placed by those suspected to be behind the demolition with the inscription ''Proposed Commercial  Development of Mushin Lagos''.It was also written on the banner that Mushin Local Government in conjunction with a developer known as Total Value Integrated Services Limited is to commence building a modern plaza market,in place of the present stalls being demolished.The duration for the completion of the project is 18 months.The traders expressed their surprise over the new development and said they were not given any notice,neither was there any court judgment asking them to vacate their stores.The traders started protesting over the demolition and had moved to the Mushin Council secretariat to complain about what they alleged as illegal demolition.Na wahoooo.One more photo below.                                                                                                  Roofs at Ladipo market removed

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