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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FIRE DESTROYED RIVER STATE MULTI-BILLION NAIRA BANANA PLANTATION YESTERDAY.

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             The River State Government multi-billion Naira Banana plantation located in Sogho in Tai Local Government Area of Rivers State yesterday Boxing day was set on fire by suspected arsonists.The Multi-Billion Banana Plantationinitiated by the administration of Chibuike Amaechi,which is operated under the Public Private Partnership with an Israeli firm has the potential of providing employment for about 2,000 of Rivers people and for Agro-research.Witnesses said the fire started yesterday saturday afternoon,and pointing accusing fingers to unknown arsonists.Dr Mesua Wilson Nwibari,the Caretaker Committee Chairman of Tai Local Government Council who confirm,ed the incident claimed that a woman who was farming near the vast plantation put fire on her small portion of farm land and uncontrollable harmattan fire spread the fire to the Banana farm.He ruled sabotage as a possible cause of the fire.

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