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 today wednesday said his government will spare no effort to ensure the safe release of the three female students of Babington Macaulay Junior Seminary School in Ikorodu area of the state,who were kidnapped by a group of armed gang on monday evening.The Governor in a statement signed by the Commissioner for Information and Strategy,Mr Steve Ayorinde,condemned the unfortunate incident,just as he assured that the Police and other security operatives have swung into action,with useful leads and with an unwavering determination to track down the perpetrators of the act and ensure the safe return of the girls.''We have not been silent on this unfortunate development.In a delicate security matter of this nature,where young innocent people are involved and management of information demands utmost circumspect,we were convinced that swift and coordinated reaction,guided by intelligence reports on the par of the Police,was a better and more sensitive approach to take,rather than a sensational,panic stricken reaction.We believe in the capacity of the police to lead this rescue mission.I have had ceaseless briefing with them since the incident happened and God helping us,we shall spare no effort in securing the safe release of the girls and continue to secure the school and indeed every party of Lagos''.Governor Ambode said the incident may not be unconnected with his recent visit to some parts of Ikorodu where he read the riot act to vandals and criminal gangs on the resolve of the state government to take the battle to their hideouts in a spirited effort to secure the pipelines..More photos below. 
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