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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AERO CONTRACTORS,DEBUNK NEWS THAT THEY SACKED OVER 100 OF IT'S STAFF.

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             Today friday,Aero Contractors sacked over 100 workers from its payroll.But the airline according to a statement by its public relations consultants,SY & T said it only reviewed its contract with the out sourcing firm:SBL.most of those affected by the sack according to a source were support staff who have spent few years with the airline.A source close to the airline who didn't want him name in print confirmed the development.The statement from the airline consultants,reads ''In the course of reorganizing and repositioning its business,Aero Contractors has reviews its relationship with Skyborne by cutting down some of the serves required from the company.This will help the company to invest more resources to enhance customer service.For the record Aero has not sacked any of its staff'''.But a source said those affected by the development were contract staff whose contract have expired with the company.One more photo below.                                                                      

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