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

A NIGERIAN BUSINESSMAN,IS SUING RIHANNA & JAY Z FOR BAILING OUT ON HIS CONCERT IN NIGERIA.{PHOTOS}.

                Rihanna is being sued by Nigerian broadcasting executive Chris Ubosi and his company,Megalectrics,for allegedly bailing on a concert.Ubosi claims that she had been paid part of her fee.According to Ubosi's suit,he made a deal with Rihanna's camp in May 2013 for her to perform a 65 minute concert in Nigeria for $425,000.The businessman further claims he made a down payment of $160,000,but the singer's team then asked to postpone the show.Ubosi says he agreed to reschedule,but only if Riihanna would promote the new show on her social media accounts.In his lawsuit filed in Manhattan Supreme Court,Ubosi claims that Rihanna never did mention the change on social media and so he and Megalectrics demanded the full and prompt return of their money.Ubosi claims he never got the $160k advance back and so he's taking Rihanna to court.Her label Roc Nation and founder Jay Z,46,have been named as defendants.However,sources close to Rihanna told TMZ that she and her Roc Nation representatives never made such a deal with Ubosi,nor have they even heard of him.They believe that Ubosi and his company were scammed by impostors pretending to be associated with the singer.More photos below.                                                 

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