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

LAGOS STATE COMPENSATES A MAN TODAY,WHOSE HOUSE WAS DEMOLISHED AT ORELOPE ALIMOSHO.{PHOTO}.

                         Lagos State Government has paid the sum of four million Naira to one Mr Monday Imoni as compensation for his property that was demolished for planned road construction exercise embarked upon to create new access roads for motorists and pedestrians in Orelope area of Alimosho Local Government.The Commissioner for Works and Infrastructure,Engineer Ganiyu Johnson presented the cheque to Mr Imoni,owner of the building located at 6,Fadahunsi Drive,Gbeleyi,Pipeline,at his Alaua office.The affected building was found within the Right of Way {ROW} thereby obstructing the on-going works for the rehabilitation/upgrading of Isiba Oluwo Street in Alimosho Local Government.While presenting the cheque to Monday Imoni in his office in the presence of his lawyer,Engr Ganiyu Johnson thanked Imoni for his understanding and love for the infrastructural development of the State and the spirit of love for others.Johnson therefore implored others whose property may fall withing the Right of Way of on-going projects in the State to emulate Imoni by not dragging the State to court thereby delaying infrastructural development projects that will be beneficial to the masses.Meanwhile,Monday Imoni who was accompanied by his lawyer to the presentation thanked the Stat Government for the gesture of compensation,saying if the State were to wield its total hammer on him through the extant laws,he would have been left with little option;  he pledged that his unflinching support for the State government would remain for life.

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  1. 4million,is it the cost of both house and land ?

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