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

MILE 12 LEADERS & TRADERS CONSENTED TO THE BAN OF OKADA AND RELOCATION OF THE MARKET,YESTERDAY.

                  Realizing the strong need to move the popular Mile 12 narket from its present location,community leaders and traders in the area yesterday wednesday agreed  with the plan of the State Government to relocate the market to another suitable and more convenient location within the state.The leaders and traders also consented to the ban on use of commercial motorcycle popularly called okada as a means of commercial transportation in the area.The community leaders said the decision became imperative owing to the fact that the Mile 12 market which had been in existence for decades has outgrown its present location and available infrastructure,hence the need to reason with government.While addressing a press conference at the Bagauda Kaltho Press Centre,Alausa,the traders and community leaders said they were in total support of the ban on Okada because of the flagrant disobedience to traffic laws by the riders and the frequent road accidents which had resulted in many deaths and left many hospitalized.Financial Secretary of Mile 12 Market,Alhaji Shehu Usman,who addressed the briefing alongside other leaders of the market,said contrary to widespread assertion that the recent civil disturbance in the area which led to the loss of lives and property was a fight between Yoruba and Hausa Communities,the truth was that both tribes including Igbos and other ethnic groups have been living and doing business together in the area in peace before the ugly incident.He said ''This mayhem is highly regrettable and we wish to extend our condolences to those that lost their loved ones and properties in the fracas.We wish to reiterate here that we the joint leaders of the affected communities and our members out rightly condemn this kind of barbaric acts in the strongest possible terms.We also wish to express our gratitude to the State Government under the able leadership of His Excellency,Mr Akinwunmi Ambode for his prompt response in dispatching the men of the State Rapid Response Squad {RRS} and other security agencies to quell the mayhem and bring the situation under control''.He added that the joint leaders of the area specifically agreed with government on four measures to be adopted going forward which included ban on Okada operations in the area,relocation of Mile 12 market,peaceful co-existence amongst all ethnic groups and removal of all shanties and blighted areas within the area which may be harbouring miscreants and eliminate their illegal activities.''These shanties are illegal structures which are unsuitable for human habitation and are prone to landslides and other environmental problems {e.g flooding}.The removal of the shanties will greatly enhance the security of lives and properties in the neighbourhood''.Usman said the market executives would dialogue with the state government on the relocation programme which would help increase the economic growth and development,provide better infrastructure and reduce traffic congestion.The briefing was attended by Baales and community leaders from Agiliti and Maidan,as well as all the Mile 12 leaders,and government officials led by the Secretary to the State Government,Mr Tunji Bello.More photos below.                             

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