LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
The two storey building that collapsed is located at 37 Agungi Ajiran road,opposite Obafemi Olatunji street,Lekki was said to have caved in early morning today tuesday aroud 6:45am.People are currently trapped under the two storey building which is said to be under construction.It was gathered that the developer is developing three building of two storeys each in the same compound,with one of them collapsing in the early hours of tuesday,but no death has been recorded yest.Officials of the Police,Lagos State Emergency Management Agency,LASEMA,fire service and other rescue agencies are currently on ground as rescue operation is still ongoing,but two people have been rescued alive so far.Unconfirmed reports said six people were said to be in the building when it collapsed,with only two rescued so far,with one treated and discharged,while the other is still in the hospital.A motorcycle was recovered from the ground floor of the building at about 3:45pm according to the General Manager of LASEMA,Michael Akindele.According to him,the collapsed building had earlier been marked by the Lagos Building Control Agency,LASBCA on the 16th of August 2015 to stop work as the development was dubbed illegal,but lamented that the developer continued the development of the buildings.He said the materials used in the construction of the building were inferior and that the officials of the Lagos State Material Testing Laboratory were on ground and had said the materials were inferior.One more photo below. 
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