LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
Lagos State Governor,Mr.Akinwunmi Ambode on saturdaydonated a 500kva transformer to residents of Palmgroove Estate in Odi-Olowo Ojuwoye Local Council Development Area of the State,as part of the ongoing ''Light Up Lagos'' initiative.The Governor also donated transformers to two communities in Alapere and Ijegun respectively to boost electricity supply in their localities.Governor Ambode,who was represented at the handling over ceremony by the Commissioner for Energy and Mineral Resources,Mr.Wale Oluwo,had read about the plight of the residents via a newspaper publication in which they appealed to the Ikeja Electricity Distribution Company {IKEDC} to come to their aid to replace their aging transformers.The transformer at Palmgroove Estate,according to the residents,was installed in 1958 and had become problematic in the last ten years,causing it to develop fault on a weekly basis.Oluwo,in his remarks,said Governor Ambode was of the view that if the electricity distribution companies were not making the right investment,the people would wallow in darkness,hence,his administration is poised to alleviate the suffering of Lagosians.Responding,President of Palmgroove Estate Residents Association,captain Jide George said the prompt manner with which the Governor responded to their plight was worthy of emulation by other leaders,saying it was an eloquent testimony of leadership by example.''This is very much unprecedented.I never believed that such a thing could happen where you will just put something in the papers and the Governor will respond to it expeditiously.We are ready to support the efforts of the Governor.All of us are behind him and we want to say thank you to the Governor''.More photos below. 
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