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
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ORGANISERS OF FESTIVAL OF INDIA,DEMANDS FOR THEIR N7M FROM DAVIDO,FOR NOT PERFORMING.

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                            23 year old David Adeleke popularly known as ''Davido'',who was advertised to be among the artistes to perform at the Festival of India,which took place in Lagos last saturday,was conspicuously absent and his absence did not go down well with some guests who obviously wanted to see him in action.The organisers confirmed that Davido was indeed invited and the chief organiser,Rosiji,also confirmed this.The concert organizer says Davido was paid the sum of N7 million to perform but informed them on friday night,just a day to the event that he was indisposed..Yesterday,the show's organisers reached out to his lawyers in hopes of getting a refund for the fee said to have been paid.So far,Davido or his managers are yet to respond to queries by journalists.One more photo below.

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