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

PRESIDENT BARACK OBAMA,TO ARRIVE KENYA TOMORROW FRIDAY.

                  Tomorrow friday,President Barack Obama will land in Kenya with a mission to strengthen U.S security and economic ties,but his personal connection to his father's birth place will dominate a trip that Kenyans view as a native son returning home.Obama is likely to forcus talks in Nairobi on security cooperation.He will also spend private time with his family members but will not travel to the village that is most closely associated with the family name.In a recent interview,Valerie Jarrett,a Senior aide and family friend of the Obama,said in an interview that ''Just as anybody is curious about their heritage,visiting Kenya provides him an opportunity to make that personal connection''.

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