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

AMBODE EARMARKED OVER N1 BILLION FOR RENOVATION & SUPPLY OF FURNITURES/EDUCATIONAL MATERIALS.

                                     On friday the 23rd of October 2015,Governor Akinwumi Ambode said his administration has earmarked over N1 billion for renovation and supply of furnitures and education materials across all secondary schools in the state.The Governor,who reiterated the determination of his administration to invest massively in educational sector,said 1,300 teachers from thousands of persons who applied last month will soon be employed to teach in the primary schools in the state.Governor Ambode,who spoke in Ilara-Epe while inaugurating Augustine University,a private university owned by the Catholic Church,also assured of plans of his administration to resolve the lingering crisis in the Lagos State University {LASU}.He said the need to resolve the crisis in the institution prompted the inauguration of new Governing Councils for the institution ad other tertiary institutions in the state.The Augustine University sits on a massive 135 hectares of land in Ilara-Epe.The foundation of the institution was laid on October 27,2009 and the operational license was granted by the NUC on May 27,2015.The University is starting with 13 programmes to be run by two faculties.One more photo below.                                                                                                                             

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