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 tuesday said the aggressive re-positioning of the broadcast stations in the State was part of his administration's strategy aimed at empowering the media outfits to compare favourably with the best in the world,pledging that the State would soon celebrate the birth of new broadcast machinery.Governor Ambode,who spoke while declaring open the 65th General Assembly of the Broadcast Organisation of Nigeria {BON} held in Lagos,said his passion for the information platforms was very high,a development he said accounted for the massive investment aimed re-energizing the broadcast stations in the State.He said ''As an administration,we are committed to re-energizing,re-positioning and re-engineering our broadcast stations by strengthening their operations with the provision of cutting-edge technology that will stand them out amongst their peers around the world.I must confess here that as a Governor,my passion for the information platforms is very high.This is because of my belief that the media and information machinery are the window through which the world sees us and vice-versa''..The governor,who was represented by the State's Commissioner for Information and Stratefy,Mr Steve Ayorinde,the Governor further said ''During my first anniversary broadcast,I made a commitment to turn around the three stations.I want to assure you that we are on course.Ad we hope to invite our friends from all over Nigeria to celebrate the birth of a new broadcast machinery in Lagos State.Lagos State Government is committed through our broadcast stations to deliver first class service to the people of the State as exemplified through the various projects being executed by this administration among which are road projects,the ' Light Up Lagos' Project and series of others.We are also committed to promoting the broadcast industry to an enviable height in the coming years.Our dream Media City project will be a one-stop media empire to be located in the heart of Ikeja that will be the pride of all''.More photos below.
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