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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FLYOVER BRIDGE FOR AJAH AND ABULE-EGBA,HAS BEEN APPROVED BY LAGOS STATE GOVERNMENT.

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                   The Lagos State Government has approved the construction of flyover bridges for two of the stat;s high density traffic zones,Ajah round about and Abule Egba junction.The repairs of 300 roads across the state in six months was also approved.The two major projects were approved by the state's Executive council and have been duly awarded to contractors for a speedy commencement of work.In a press release issued yesterday sunday,by the state's Commissioner for Information and Strategy,Mr Steve Ayorinde,the projects will be completed within 16 months as part of Governor Akinwunmi Ambode's ongoing road infrastructure projects across the state.The statement said the construction of the reinforced concrete flyover and signalized intersection at Ajah roundabout will be undertaken simultaneously with the rehabilitation of Freedom Road in Lekki,with a view to reducing the heavy traffic being recorded at the Ajah round-abot and the Lekki-Ikoyi axis.Ayorinde said the Ajah flyover bridge will have a solar powered signalized intersection in order to greatly improve traffic,while the upgrade of Freedom Road is expected to ease traffic considerably for vehicles using the Third Roundabout to connect Lekki through Admiralty way.While the Ajah project will ease movement of residents and commuters on the Lagos Island-Ibeju Lekki areas,the construction of the reinforced concrete dual carriage flyover bridge at Abule Egba junction will equally bring joy and relief to millions of commuters that use the Lagos-Abeokuta Expressway in Ifako-Ijaye Local Government Area of the state on a daily basis when complete.Like the Ajah project,Ayorinde said the Abule Egba flyover bridge will also have signalised intersection under it to service Oko-Oba and other link roads within the axis.One more photo below.                                                                                    

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