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

PERMANENT SOLUTION COMING TO APAPA GRIDLOCK-AMBODE.

                     Lagos State Governor,Mr Akinwunmi Ambode today wednesday expressed confidence in the ongoing efforts to permanentlt resolve traffic congestion in Apapa axis due to activities at the Port,just as he restated his administration's commitment to restore the glory of the area.
Governor Ambode,who spoke at the Lagos House,Ikeja when he received the management team of Nigeria Ports Authority {NPA} led by its Managing Director,Hadiza Bala Usman on a courtesy visit,said he was highly desirous of transforming the Apapa axis to be a beauty to behold.While expressing confidence in the ability of the new NPA management to make positive difference.Governor Ambode said he was extremely delighted that the agency was being led at this time of economic turbulence by a thoroughbred professional who is equally grounded in the political terrain.He said Lagos,being the commercial nerve centre and a city surrounded by water,deserved more than one port,adding that his administration would not hesitate to partner with and support the NPA to succeed in what ever form needed.''We have had issues about movement of cargo and every other vehicular movement that relates to traffic congestion in the Apapa axis and I think with the new management in charge of NPA,a whole lot of things will be resolved so quickly and I am very glad that this is the way we have decided to go and we will support everything to make Apapa a place that we will all be delighted to speak about'',Governor Ambode said.He commended the NPA for investing in the Lekki Deep Sea Port project,saying that there was no doubt about the fact that such partnership would go a long way in driving more investment into Lagos.Earlier,Usman said she was at the Lagos House with her team to expand the existing relationship between the NPA and the Lagos State Government for the benefit of the people.In an interview with Government House Correspondents,she said the major area of partnership principally centerned on decongestion of Apapa gridlock as son as possible and the success of the Lekki Deep Sea Port project,among others.''We discussed various areas of cooperation and one of the priorities was the decongestion of the Apapa area.We have looked at the priority activities that we need to do to decongest the area and we would proceed with that in the next few weeks.''Ther are several partnerships that exist and we intend to forge ahead with them.We have the Lekki Deep Sea Port development which both Lagos State Government and the Federal Government of Nigeria through the NPA have shareholdings.We believe that it is a project which we need to take forward within the shortest period.We have reaffirmed our partnership and commitment to drive the project and we want to do that within the shortest period''. Usman said.More photos below.

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