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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ARMED ROBBERS,RAIDED YOUTH CORPS MEMBERS LODGE IN OGUN STATE YESTERDAY.

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                    Yesterday saturday morning,armed robbers invaded the residence of National Youth Corps  members serving in Ogun state.The residence is located behind Development Centre,Presidential Boulevard,Abeokuta,the Ogun state capital.The robbery at the lodge,which is the third within five months,occurred at about 3:00am when the Youth Corps members were fast asleep.Items lost include some amount of money,ten laptops and over twenty five telephones.An eyewitness account has it that the bandits exploited the absence of security in the vicinity to gain access to the lodge and at gun point robbed the Youth Corps members.The armed robbers forced their way into each flat at gun point and thereafter embarked on the raid,unhindered.Two of the bandits moved from one room to the other to ransack,while the other two stayed outside to attack anybody that resisted.The Youth Corps members said they had earlier reported the two previous incidents to the police but no action was taken until the robbers struck again yesterday saturday morning..The Corp Members said ''We are begging security authorities in the state and NYSC authorities to come to our aid before the bandits start killing us''.Police sources who confirmed the incident,informed that efforts are ongoing to provide adequate surveillance in the area.

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