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 STATE GOVERNMENT,IS SET TO SEAL PROPERTIES OF DEFAULTERS OF LAND USE CHARGE.

              The Lagos State Government today monday said it would not hesitate to seal the properties of residents who default in paying their Land Use Charge {LUC}.just as it warned that it may explore the option of prosecuting defaulters according to the law.Addressing journalists at the Bagauda Kaltho Press Centre in Alausa Srcretariat,Commissioner for Finance,Dr Mustaph Akinkunmi,disclosed that the State Government has put in place a variety of payment options which included paying at the bank or the nearest Land Use Charge offices to residents using cash or POS Aor payment online through credit or debit cards.Akinkunmi,who apologised for the delay in the distribution of the bills this year,attributed it to the need to clean up the data sets which were previously in operation,adding that a more robust clearer data sets were now in place.He however said despite the delay in the delivery of the bills,tax payers are still entitled to the usual 15 percent discounted rate if payment is made within 15 days of bill delivery,while others who pay outside the 15 days grace not exceeding 30 calendar days would pay the actual due amount.He said that failure to do that would attract penalty from 45th day after bill delivery and rise further afterwards,and that properties in such category would be sealed,while owners would be prosecuted in court in accordance with the law.''Payment of Land Use Charge is a requirement of law and property tax.Defaulters will have their properties sealed and are liable to be prosecuted in court''.The Commissioner,also clarified the debate on who should be liable to pay Land Use Charge,stating that by law,the onus falls on land owners/landlords to pay LUC and not the tenants.He said ''It is the landlords that are expected to pay the Charge.They can have agreements with their tenants,but from the government's perspectiv,it is the landlord that the law  recognises in paying the Charge.I would like to appeal to all property owners to stop encouraging suuch habit.The Land Use Charge is totally automated because we have records of all properties in the state.I would encourage all property owners to go through normal procedure of payments to the government.If you go through any other means whether through back door or any other means,such is at your own risk.There is a Valuation Department in place at the Ministry of Finance and they have the methodology of how they do the calculation of the property.We now use the ratio as the percentage earlier mentioned.The full wrath of the law will be invoked on any resident who assaults a Lagos State official in this regard.If a resident suspects that a person is impersonating a Lagos State official,please report them to the Office of Finance,Ministry of Finance in Alausa or to the Police'.More photos below.                                                                                                                                    

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