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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DAVIDO SIGNED A MOUTH WATERING DEAL WITH SONY MUSIC,FOR 2 OF HIS NEW ALBUMS.

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                       Nigerian top musician Davido,signed a new deal with Sony music.The partnership is said to be a music publishing and distribution agreement.This will see the pop star put out two albums.Both albums are expected to drop from this year,will be released and globally distributed by Sony Music.The partnership deal was facilitated by Efe Ogbeni who works with Sony/ATV,and he will serve as the executive producer for Davido's next album expected to drop sometime this year 2016.Davido is expected to retain ownership of the music as well as various performances,while Sony handles the distribution of the album globally.More photos below.                                                      

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