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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PETROL WOULD SOON BE AVAILABLE-NUPENG.

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                         The Naton Union of Petroleum and Natural Gas {NUPENG} Workers on Monday says that petrol would soon be available in filling stations across the country.Mr Tokunbo Korodo,Chairman of of the Union told pressmen that there had been improvement on loading of petroleum at the deports in Lagos.He observed that Nigerians would appreciate the present regime if it could reduce the price of petroleum.The NUPENG Chairman said that the government meant well for all and sundry,in spite of the few greedy that worked to frustrate genine intentions.NAN reports that the Minister of state for petroleum,Dr.Ibe Kachikwu,had earlier said that a price modulation in petrol would begin by January 2016.Kachikwu disclosed this during his inspection of the Port Harcourt Refinery Company {PHRC} on Christmas day.One more photo below.                                         

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