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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ONE OF NIGERIA RICHEST MAN DEINDE FERNANDEZ,PASSED AWAY YESTERDAY IN BELGIUM.

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                           Chief Antonio Oladeinde Fernandez,passed away yesterday tuesday at the age of 79 in Brussels,Belgium following an undisclosed illness.Governor Ambode in a condolence message signed by his Chief Press Secretary Habib Aruna described the decease as a bureaucrat and experienced diplomat who gave his all to the service of the African continent during his life time.''Among other virtues,Chief Fernandez dedicated himself to the service of the African nation and will be remembered for his contribution to promote peace,harmony and above all equity.He has surely left his footprints on the sands of time.I wish to convey my deepest condolences to the family of the deceased,the good people of Lagos State and Nigerians on this painful loss''.May his soul rest in perfect peace,AMEN.One more photo below.                                              

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