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 COUNCIL OF OBAS & CHIEFS,PAID AMBODE A ''THANK YOU'' VISIT TODAY,FOR RESCUING ONIBA OF IBA.{PHOTOS}.

               Traditional Rulers under the aegis of Lagos State Council of Obas and Chiefs today tuesday commended the efforts of the State Governor,Mr Akinwunmi Ambode and the security agencies on the successful rescue of the Oniba of Iba,Oba Horiola Oseni.The Oba of Lagos,HRM Rilwan Akiolu I,who led the traditional rulers to the Lagos House,Ikeja,said he and his colleagues were on a ''thank you'' visit to the Governor to commend him for the immense role he played towards the successful rescue of the Oniba of Iba.He said the efforts of the security agencies,coupled with the valuable information provided by Nigerians came in handy in the investigation process.''First of all we should thank God almighty for sparing our lives to enable us see today and bringing one of us back home,Oba Oniba who was kidnapped.We've come to say a big thank you to the Governor of Lagos State,the Commissioner of Police,DOC 81 Division,the SSS and all other security forces and the entire Lagos state and Nigerians in general for the valuable information given to the police,which led to the successful operation which brought our colleague back,'' Akiolu said.He however urged traditional rulers in the State to seethe incident as a call for greater attention to be paid to security,noting that the business of protecting lives and property should not be left to the security agencies alone.''But honestly as i told mu=y brother Obas,all of us will have to go back and rearrange our security architecture.All hands must be on deck,everyone must assist the government.That's why in my palace,people accuse me,but i told them that well,maybe because i was a policeman.It is very necessary.We are happy because the governor did very well and the commissioner of police.All the security agencies,even the navy,they did all that they could do but we still have to be at alert.Everybody must be prepared like the motto of the Boys Scout says 'we are not going to take things for granted now.Akiolu also warned vandals and kidnappers to steer clear from the State,saying that the security apparatus in the State has been fortified to wage war against every form of criminality anywhere in the state.''It is in their interest to desist and look for other legal ventures to make ends meet.The mere fact that the economy appears not to be okay does not mean that you resort to criminality.They should stop,not just kidnapping,but any form of criminality,no religion accepts sch.Everybody is at alert now,we are on their toes now and with the encouragement given by the Chief of Naval Staff,the NSA and the IGP they will be chased down to any where they are''.he said.Governor Ambode responded by saying ''At the initial stage,when the Oba was kidnapped,it appeared as if government was not doing anything.That was actually not the case.It was not just a sacrilege in Yorubaland,but the traditional institution was indeed desecrated.So,we needed to dig into what really happened to reach a logical conclusion,'' he said.More photos below.                                              

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