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

NIGERIA @56: WE MUST UNITE TO RESCUE ECONOMY FROM RECESSION-AMBODE.+PHOTOS FROM TODAY'S PARADE.{PHOTOS}.

                      Lagos State Governor,Mr Akinwunmi Ambode today saturday said there was no better time for Nigerians to unite to rescue the nation's economy from the stranglehold of recession.
Governor Ambode,who spoke at the Independence Parade held at the Police College Ground in Ikeja,said the fact that the nation has remained united despite visible challenges in the last 56 years of sovereignty was a lot to be thankful for.He said the never say die spirit of resilience,resorcefulness and determination that Nigerians display to succeed in all sphere of human endeavour was well recognised and acknowledged all over the globe,saying that the nation has great potentials to rank among the most prosperous countries in the world.The Governor who was represented at the parade by his Deputy Dr Mrs Oluranti Adebule,said ''I wish to use this opportunity to make a passionate appeal,more than ever before,that we must renew our belief in the Nigeria Project and play our parts diligently.At this trying and challenging time,we must aggregate our strength and be united in forcus to rescue our economy from the strangledhold of recession.We all need one another to survive as no part of Nigeria can do it all alone and still wield or command the kind of influence that Nigeria currently enjoys in the comity of Nations.This is not a time to despair.It is a time to review our patriotic zeal and stand firm with our leaders at all levels in our collective efforts to make Nigeria work for all.The government and people of Lagos State are delighted to join fellow compatriots across the nation in celebrating our nation's 56th independence anniversary today.As we celebrate today,I enjoin all Lagosians to remain steadfast and hopeful for a better tomorrow.The future of our State is certainly brighter than anyone can imagine.Let us therefore forge a common front to defend our hard earned freedom by being purposeful,forcused and disciplined.May the labour our heroes past never be in vain,'' the Governor said.The independence Parade featured March Past from the Nigerian Police,Military and other Para-Militaru organizations as well pupils and students from various primary and secondary schools respectively.Top government functionaries,senior military officers,members of the diplomatic corps,traditional as well as religious leaders were also in attendance.More photos below.


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