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

DESPITE RECESSION,LAGOS GENERATED MORE REVENUE THIS YEAR-AMBODE+TINUBU,AREGBESOLA,EX-GOVS GRACE SPECIAL EVENING WITH GOV YESTERDAY.{PHOTOS}.

Image may contain: 3 people                  Lagos State Governor,Mr Akinwunmi Ambode yesterday sunday hailed tax payers faithfully,saying the State recorded more Internally Generated Revenue {IGR} this year than what was recorded in the previous year  despite economic recession in the country.As at December 16 this year the State had raked in Two hundred and sixty eight.two billion generated in the previous year.Speaking at a special evening of music and camaraderie held at the Lagos House,Ikeja,to usher in the Yuletide season,Governor Ambode said the taxes paid by the people have been judiciously utilized to upgrade infrastructures and provide various services,just as he said that Lagosians deserved to be appreciated for cooperating with government in that regard.
Speaking on the significance of the event which featured performances by array of evergreen musicians and was attended by top political leaders,captains of industries,media executives,professionals in various fields,members of the diplomatic corps,among others,Governor Ambode said the State Government was greatly appreciative of the contributions of the people to the growth of the State in the year under review,adding that the event was principally to appreciate them.He said ''You wonder what it is that we are doing?.We said it is an evening with the Governor but the truth is I just set this up to appreciate all of you and to say a big thank you.Yes,people have been saying that Lagos is working but Lagos is only working because of the people who a''re seated here.''The tax payers are the ones giving us the little energy that we have and even though when they say Nigeria is in recession,but somehow Lagos has been able to do it and it is because people are paying their taxes.The truth is that the people have been carrying out their civic obligations and somehow we have been returning those obligations with the services that we have provided and you found out that this year;we have actually made more IGR than last year under a recession.So,somehow,we need to appreciate all the people that have made this to happen and then I look at the way I could use Arts,Entertainment,Tourism and Hospitality not only to promote the excellence that Lagos has always been known for but to provide another sector of revenue for Lagos State and I felt one of the ways to go about that was to invite our old celebrities that we seem to have forgotten and spend an evening with them,'' Governor Ambode said.More photos below.
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