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

AMBODE EARMARKS 181 LG ROADS FOR CONSTRUCTION IN 2017.{PHOTOS}.

Image may contain: one or more people, people standing and wedding                   Lagos State Governor,Mr Akinwunmi Ambode yesterday thursday said that his administration would consolidate on its infrastructural renewal drive with the construction of 181 local government roads in the current fiscal year,saying the process for the award of the contract would commence next week.Governor Ambode ,who spoke at the first Quarterly Town Hall Meeting for 2017,the sixth in the series,held at Ajelogo Housing Scheme,Ajelogo Market Road,Akanimodo,Mile 12,said the 181 roads,is an improvement on the 114 roads,two in each local government,which his administration promised to embark upon every year.Acknowledging that most of the requests made by residents during the interactive session at the Town Hall Meeting were majorly on roads owing to the success of the 114 roads delivered in September 2016,the Governor said his administration thought it wise to ensure that the roads captured for 2017 are key roads that would have economic impact on the people living in that axis,hence the increase to 181 roads.''I want to pronounced here that you should watch out next week in the newspapers,we are advertising 181 roads which would be done in all our local government.What we have found out is that if we decided to continue with two,some of those roads are not linking each other to the main road,so most likely you would see that if we are supposed to do some road in some local governments,it would only make economic sense if there is a linkage.So you would see in the advert that some local governments would have like three,some would have four roads,bu the average is that 181 if you divide it by 57 that would be a minimum of three roads from each local governments'',Governor Ambode said.More photos below.
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