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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FATHER OF 2 ARRESTED BY THE NDLEA FOR TRYING TO EXPORT 270 GRAMS OF COCAINE FROM LAGOS TO MADAGASCAR.{PHOTO}.

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                    Operatives of the National Drug Law Enforcement Agency,NDLEA,have arrested a 47-year old man,who attempted to export 270 grams of cocaine to Madagascar.The suspect,Odili Onyekwere,was nabbed at the Murtala Mohammed International Airport,Lagos,during the outward screening of passengers on a Kenyan Airways flight to Ivato International Airport,Antananarivo,Madagascar.The NDLEA Commander at the Lagos Airport,Ahmadu Garba,said ''This is the first arrest and seizure in the year of a passenger heading to Madagascar from this airport.The suspect,Odili Onyekwere,successfully excreted 25 wraps of cocaine,which he ingested,while under close observation.He is cooperating with our team of investigators and the case will soon be charged to court''.During interrogation,the River State born suspect said he went into drug trafficking out of frustration.The father of two,who trade in footwear in Lome,Togo, said ''I am married with two children and I sell shoes in Lome,Togo.As a result of the economic downturn,my capital kept depreciating until I lost everything.It was the fraustration of not being able to provide for my wife and two children that made me go int smuggling of cocaine.It is my first time.They promised to pay me $1,000,which is over N400,000,going by the present exchange rate.''.Commenting on the arrest,the Chairman/Chief Executive of the agency,Muhammad Mustapha Abdallah,said with the use of latest technology in drug control,the agency would continue to disappoint those hoping to get rich quick from drug trafficking.

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