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

ALIKO DANGOTE,RECENTLY DONATED 10 MILLION DOLLARS TO PERSONS DISPLACED BY BOKO HARAM IN BORNO STATE.

                          One of the richest man in Africa,Nigerian business tycoon Aliko Dangote donates 10 million dollars to the persons displaced by the Boko Haram insurgency in Borno state,Nigeria.Mr Dangote made a commitment to end malnutrition,hunger and starvation in the refugee camps and other parts of the country.Dangote said ''This is not the first time i am coming here and it will not be the last.So far,we have expended about N1.2 billion in efforts to alleviate the suffering of IDPs across Borno,Adamawa and Yobe states''.More photos below.                                                                                  

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