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
The Lagos State Government today wednesday announced plans to activate multi-faceted projects designed to improve the standard of living in the State,among which is the commencement of construction of a Fly-over Bridge in the popular Pen Cinema junction of the State.The Pen Cinema Fly-over is the third which the Akinwunmi Ambode-led administration in the State will be constructing after those of Abule-Egba and Ajah Roundabout.The State Government had also constructed a Pedestrian Bridge at the ever busy Berger Bus Stop along Lagos-Ibadan Expressway to facilitate easy human and vehicular movement.Addressing a joint ministerial press briefing at the Bagauda Kaltho Press Centre in Alausa,the State Government also announced readiness to commence the deploymemt of 13,000 Closed Circuit Television {CCTV} Cameras,additional 6,000 street lighs and security sensors for surveillance and crime prevention across the State from October,2016.Commissioner for Information and Strategy,Mr Steve Ayorinde,who announced all the projects,said government is also set to decongest traffic along the Lekki-Epe Expressway through the removal of three roundabouts namely the 4h Roundabout {Elegushi}, 5th Roundabout {Jakande} and the 8th Roundabout {VGC}.He said the affected roundabouts would be replaced by the use of traffic lights,expansion of the roads and provision of dedicated turning lanes as well as additional lay-bys.While explaining the scope of the Pen Cinema Fly-over,the State's Commissioner for Works and Infrastructure,Engr Ganiyu Johnson,said the government was pleased to announce the approval for the construction,which he said would be completed within 18 to 24 months,adding that the project would commence after the conclusion of the preliminary works.Johnson said the fly-over would be constructed from Oba Ogunji via Ijaiye Road into Agunbiade,adding that it would be 700meters long with some junction improvement at Pen Cinema.''We will expand Oba Ogunji Road and create barriers.The project will also accommodate a generous walkway similar to the Ikorodu Expressway and the bridge will have a free flow all the way to Agunbiade''.More photos below.
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