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

LAGOS H.O.M.S ALLOTTEES,TO GET THEIR HOUSE KEYS SOON+MILE 12 MARKET TO RELOCATE IN 6 MONTHS TIME TO IMOTA.

                In line with Governor Akinwumi Ambode's promise of ensuring continuity with improvememnt,the contractors handling the construction of Lagos Home Ownership Mortgage Scheme,{Lagos H.O.MS},Mushin scheme that are yet to complete their projects have been mobilized back to site.This has thus debunked the claims in some quarters that the State Government has reneged on its promise to hand over the keys of the apartments to the allottees as promised.The General Manager,Lagos State Mortgage Board {LMB},Mr Dehinde Tunwashe,who disclosed this recently,noted that in a bid to ensure speedy completion of the project,the State government has approved the release of mobilization fees to the contractors.Tunwashe stated that four contractors were awarded the construction of Mushin scheme,adding that two of them were awarded the construction of the main blocks which has since been completed except for the external works such as test runninf of electrical installation and mechanical works which is yet to be pressure tested to ensure that there are no leakages and defects as well as energize the buildings to make them fit and habitable.He stressed that external work of the scheme such as site clearance,earthwork,drains and culvert,road work,car park,excavation of trenches for the laying of underground electrical cables and cleaning of the aeration tank are presently on-going,adding that the buildings are now being connected with water and electricity which are critical components.He revealed that two 50KVA stand by generating sets meant to power services such as pumping of water and street lighting have been mounted at the site so that in case of power outage occupants can still have access to basic amenities,saying ''This is a testament to the Administration's commitment to ensure continued access to decent and affordable housing''.It should be noted that the Lagos HOMS Mushin scheme consists of 5 blocks of 1,2 and 3 bedroom units of 12 flats per blocks of 1,2 an 3 bedroom units of 12 flats per block making a total of 60 units of flats with state of the art facilities like water treatment plant,independent transformer,pre-paid electricity meter,estate office,street lights and car parks.The Lagos State Governor,Mr Akinwunmi Ambode today tuesday inspected the new Imota site,proposed for the relocation of the popular Mile 12 Market,where he assured that work will commence on the site next week.The Governor said ''We are all aware that we had a little crisis t Mile 12 Market in Ketu recently and here is the new site that we are relocation Mile 12 Market to.So our new commodities market would take off from here and so i like to give the Ministry of Physical Planning the directive to commence activities here within the next one week.We believe that if we start within the next seven days,within the next six months,Mile 12 Market Ketu will be a thing of the past.We are committed to doing this.We know it is in the interest of all Lagosians that we relocate Mile 12 Market.The marketers themselves have agreed,the onus is now on us to ensure that we deliver this new market within the next six months.I want to appeal to people in Imota that you will be having new set of investors,new set of traders and then new set of tenants.You should be very accommodating because we are bringing a whole lot here''.More photos below.                                                     

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