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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12 DEAD,3 INJURED AS AGIP'S OIL FIELD IN BAYELSA STATE,EXPLODED YESTERDAY.

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                    According to sources,a total of 12 oil workers died in a pipeline explosion which occurred yesterday thursday afternoon at Agip's oil fields in Azuzuama in Southern Ijaw Local Government Area in Bayelsa.A statement issued by Mr Filipo Cotalini,a spokesman for Eni,the parent company of NAOC,today friday in Yenagoa's,said that three others were injured in the explosion at an oil spill site.''The cause of an explosion which occurred yesterday,9 July,late in the afternoon,at the site of the repair works of the Tebidaba Clough Creek line,an oil pipeline in Nigeria's onshore Niger Delta,previously damaged by acts of sabotage,was under investigation.The explosion resulted in the death of 12 member of the maintenance team of a local company of services,with three others also injured.The cause of the incident is still under investigation by both Eni and the local authorities.The company expresses its deepest condolences to the families of those involved in this tragic accident''.

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