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

20,000,LOCAL & INTERNATIONAL MARATHONERS,ARE SET TO HIT THE STREETS OF LAGOS TOMORROW TO WIN $50,000.

                                      The Lagos state Government,assures on security,Medical Arrangement for participants.The Government also affirmed its readiness to host over 20,000 local and International Marathoners in the forth coming Access Lagos City Marathoners race scheduled to come up tommorow,February 6th,2016.According to the State's commissioner for Information and Strategy,Mr. Steve Ayorinde,all logistics have been put in place and Lagos is ready to host the event as well as replicate an international version of the event in the state come Saturday.He confirmed that several renowed marathoners from Kenya,Ethiopia,Uganda and other countries are already in town for the event,while local and other athletes are fully prepared to participate in the event.He said rge State Government has put in place water tight security measures to protect athletes and other participants in the international event adding that a team of motorized and motorbike escorts have been provided to monitor the event throughout the duration of the race.He said a combined team of traffic managers will also be on ground to control traffic along the designated routes,while alternate routes have also been provided for motorists during the 7 hours event.''The Lagos State Government is therefore appealing to Lagosians to come out en masse and cheer these athletes as well as encourage them during the course of the race''.While regretting any inconvenience the traffic restriction would cause during the period,the Commissioner said Lagosians are reminded that the gains inherent in hosting the event will further boost the economy of the state as well as promote Lagos as a destination worthy of visit by tourists,sportsmen and investors.One more photo below.                 

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