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

AMBODE SAID THEY ARE WORKING HARD TO RESCUE IBA MONARCH & OTHERS +CONVENES EMERGENCY SECURITY COUNCIL MEETING.{PHOTOS}.

                   Lagos State Governor,Mr Akinwumi Ambode yesterday monday presided over an emergency security council meeting attended over an emergency security council meeting attended by heads of security agencies in the state,just as the State Government assured residents that efforts are being out in place to make kidnapping a thing of the past in the State.Briefing journalists at the end of the meeting,Lagos State Commissioner of Police,Mr Fatai Owoseni said government and all security agencies in the State are bordered about the emerging crime of kidnapping,and that efforts are on to rescue all those kidnapped recentl in the State including the Oniba of Ibaland,Oba Yushau Goriola Oseni.''What we want to assure the people is that we are putting efforts together to ensure that not just the monarch is rescued and we bring those criminals of justice''.Owoseni said.He added that the emergency security council meeting was principally to holistically appraise the security issues confronting the State,as well to assure members of the public on the priority and importance that the State attached to their welfare and security.Speaking on the spate of kidnapping in the State,Owoseni said ''All of us are bordered.As the people are bordered,government is boerdered and law enforcement institutions in the State are bordered.We are looking at the issue of kidnapping and the only thing we can tell the good people in Lagos is that government is doing everything possible and is deploying all arsenals of the State towards ensuring that we put a stop to all these and at the same time seize this opportunity to tell the fellows engaging in these activities to channel their energy to lawful conduct because there is no excuse to say that because they cannot vandalize the pipelines again,that is why they are resorting to all these soft targets kidnapping.They should divert their energy into productive use.The government has opened up lots of oportunities for people that want to access soft loans for small scale businesses and industries,the Bank of Industry {BOI} for instance is there,they have been putting up adverts,let them have a change of mind,drop their weapons,access these funds that government at the State and federal level had created and for those of them that have certificates and saying that yes we have stopped bunkering and there is no other thing for us to do,there are platforms that have been created by government for them to be meaningfully employed'',the CP said.One more photo below.                                                                                                      

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