LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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 Governor,Mr Akinwunmi Ambode today monday fulfilled his pledge of making the menace of land grabbing in Lagos a thing of the past with the signing of the Lagos State Properties Protection Law.Governor Ambode also signed the Lagos State Neighbourhood Safety Corps Law,a move which is majorly aimed at boosting security of lives and property in all the Local Government Areas and Local Council Development Areas of the State.Speaking at the signing ceremony which was attended by the Lagos State Speaker,Rt Hon Mudashiru Obasa,the Chief Judge of the State,Justice Olufunmilayo Atilade and other top government functionaries,Governor Ambode said the laws were central to his administration's focus of safeguarding the lives of all residents,as well as attracting,growing investments and improving the ease of doing business in the State.Governor Ambode said ''In addition to equipping our security agencies,we have now created a legal framework to put some form of communal protection in plac to boost and support the great job the Nigeria Police is presently doing''.The Governor,who explained that the Neighbourhood Safety Corps would assist the police and other security agencies to maintain law and order across the communities,added that the Neighbourhood Safety Agency,which the new law established,would also be charged with the responsibility of registering all private home security and any other person employed for private home security amongst other things.On the Properties Protection Law,Governor Ambode said the need for the law followed the fact that one of the issues that discouraged investors and hindered the ease of doing business in Lagos in the past had always been the menace of land grabbing;''The Lagos State Properties Protection Law will give legal backing to the operations of our Law is to ensure that our investors,businessmen and the general populace carry on their legitimate land/property transactions without any hinderance or intimidation henceforth.The Properties Law will eliminate the activiies of persons or corporate entities who use force and intimidation to dispossess or prevent any person or entity from acquiring legitimate interest and possession of property,ensure that the Special Task Force on Land-Grabbers work with all Security agencies to ensure enforcement of State Government and Private property rights in the State,and ensure proper coordination of the efforts of the various agencies of Government's rights over land in Lagos''.The Governor said.More photos below.
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