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

THERE WAS BLOODSHED EVERYWHERE,AFTER SOME THUGS RECENTLY CLASHED WITH LADIPO TRADERS IN MUSHIN LAGOS.

                 According to sources,for the past one week,there has been tension and violence at Odo-Aladura section of Ladipo motor spare pars market following a failed attempt to demolish over 2,000 shops in the market in Mushin,Lagos State.Francas broke out at the market after hundreds of thugs invaded the market with arms and two caterpillars and attacked the traders and attempted to demolish shops there.The traders who were caught unaware fought back the thugs and chased them away after many were injured on both sides.The thugs were allegedly led by a man well known to the traders.During the fracas many traders including the thugs sustained injuries and are in several hospitals in Lagos receiving treatment.One of the injured traders is Anene Otasi who is still lying in critical condition at the University of Lagos Teaching Hospital {Luth},Idi Araba,where doctors are battling to remove pellets from his body following the gun shot wounds he sustained.Since the incident happened,the thugs who felt defeated,insisted that they would return on reprisal attack any time and to burn down the market.The threat is causing tension in the market and its environs.The Chairman of Odo-Aladura Traders Association,Mr Maxwell Uroko,who confirmed the attack said they were shocked about what happened.He said the thugs invaded the market with weapons,shooting indiscriminately.Uroko said many traders were attacked with machetes and suffered gun shot wounds.He said the leader of the thugs brought caterpillars for the exercise and ordered the drivers to demolish the structures with traders goods inside the shops.He said when the traders could not bear the attacks and intimidation,they resisted and chased them away after they had inflicted injuries on many of the traders.Uroko appealed to both the Mushin Local Government and State Government to call the leader of the thugs to order as he goes about boasting that the government was behind him and using it to harass and intimidate traders.When our reporter visited the market,there was tension as some traders shut their shops and armed themselves with their leaders to come back for the reprisal attack opened their shops.The cause of the fught was a lingering land tussel between Owoyemi family won at the Lagos State High Court but the judgement was immediately appealed and the case is still pending at the court.Since the case is pending in court,the traders had refused to pay rents to either paries pending the conclusion of the matter at the court.It was at this point that thugs were allegedly hired to enforce the court judgement by attempting to demolish the shops.More photos below.                                                                                                                                                              

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