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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N4 MILLION WORTH OF FAKE DRUGS,SEIZED BY NAFDAC IN JIGAWA STATE.

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               Today sunday,the National Agency for food and Drug Administration and Control {NAFDAC} in Jigawa said that it confiscated fake and unregistered drugs worth four million naira in the last two years.The NAFDAC  State Coordinator Mr Olaniran Olakunle,disclosed this in Dutse while presenting to newsmen some suspects allegedly arrested with fake drugs in Gwaram and Malammadori Local Government areas.Olakunle said that most of the suspects arrested with fake and counterfeit drugs during the period were in rural communities across the state.He said that fake drugs such as mixacrip tablets,herpgra,busaka,polycid and tramadol capsule were seized from some patent medicine vendors in Gwaram and Malammadori last week.The value of drugs seized from them is about N250,000.The coordinators said the suspects were being investigated to ascertain the sources of the products in order to bring the entire chain to justice.He further said that the suspects would soon be charged to court.He urged members of the public to be vigilant and patronise only registered pharmacies in their localities.

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