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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LAGOS STATE GOVERNMENT,IS SET TO REBUILD TAFAWA BALEWA SQUARE TERMINAL.

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                      Plans are set by the Lagos State Government to redevelop the bus terminus at the Tafawa Balewa Square {TBS}in Lagos Island.Unfolding the plan at a Stakeholder's meeting held at the Terminus,the Commissioner for Transportation,Dr Dayo Mobereola said the project is important to the development of Lagos as a tourism corridor.While nothing that the TBS is a rallying point for commuters and of significance in the the history of the State and Nation,the Commissioner disclosed that a world class bus terminus will confer more respect on the State and preserve the heritage of the site.He assured that the proposed bus terminus will provide protection as well as help the State in prosecuting its agenda for a 24 hour economy and movement of goods and services,stressing that the design will also ensure that all the present users and transport groups will be accommodated as well as assist commuters to easily identify the buses/taxis they intend to board.According to him ''The project which will be completed in nine months will see the government provide state of the art bus shelter made of Tylon with high translucent quality and with a life span of more than 40 years.The project which will also involve civil and metal works,electrical and illuminations landscaping/beautification and service installation,will be dust repellent with very minimal maintenance cost''.Dignitaries present at the meeting include the Special Adviser on Transportation,Prince Olanrewaju Elegushi,the Permanent Secretary,Ministry of Transportation,Mr Oluseyi Whenu,Engr Jibade Caster Adebowale,the Chairman of National Union of Road Transport Workers {NURTW},Alhaji Tajudeen Agbede and several others.One more photo below.                             

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