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

LAND GRABBING IS SET TO BECOME A CRIMINAL OFFENCE IN LAGOS STATE.{READ}.

                       Activities of land grabbers and speculators in Lagos State will son be under permanent check as members of the State House of Assembly has,at its plenary on tuesdsy,passed a bill which seeks to criminalize what has come to be known as' land grabbing' into Law.The bill,which was passed after the third reading,prohibits forceful entry and illegal occupation of landed properties;violent and fraudulent conduct in relation to landed properties in Lagos State and for connected purposes and has duly been sent to the Governor,Mr Akinwunmi Ambode for his assent.YThe Speaker LAHA,Rt. Hon. Mudashiru Obasa in his submission stated that the passage of the bill into law will give sanction to any individual who is culpable of the offence.In a related development,a bill for a law to create and exhibit sporting activities has scaled through the second reading.Hon. Adedamola Kasumu representing Ikeja Constituency II,while reading the bill on the floor of the House,said the bill seeks to establish and formulate sport policy in the State and it would create opportunity to give support financially to schools and clubs.He said,the bill when passed into Law,will also regulate and supervise sporting activities and committees at Local Government levels; engage the youths and empower the Sport Commission to inaugurate and regulate committees.Hon. Agunbiade who contributed to the merits of the bill said that ''I see this bill coming to strengthen sporting activities in the State''.The Speaker, Rt Hon Mudashiru Obasa however ruled that the bill should be sent to the House Co,,ittee on Youths Sports and Social Development for detailed examination and deliberation.             

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