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 RECEIVES TODAY,CERTIFICATE ADMITTING LAGOS INTO WORLD'S 100 RESILIENT CITIES.{PHOTOS}.

Image may contain: 3 people, people standing                   Lagos State Governor,Mr Akinwunmi Ambode today tuesday received the Certificate of Admission of the State as one of the 100 Resilient Cities {100RC} in the world pioneered by the Rocketfeller Foundation,saying that it was a starting point and a positive partnership that would help the State address the challenges of urban planning,transport gridlock,environment and modern infrastructure.
Governor Ambode,who spoke at the presentation of the certificate held at the Renaissance Hotel,Ikeja,Lagos,said the development was not only historic in the annals of the State but a confirmation that the efforts to build a globally competitive State had received international recognition.
The Governor said it was gratifying to note that despite the challenges faced by the State in many areas including transportation,security,ocean surge,flooding,high unemployment rate,pressure on physical and social infrastructure,growth of slums and a huge housing defivit,Lagos remained resilient and ever progressive.
While alluding to the objective of his administration to make every community in Lagos economically liveable and stem rural-urban flight,the Governor said deliberate initiatives have been put in place to address the housing deficit,transport challenges and economic development,among others.
He said ''We acknowledge these challenges and needs; and now as a member of the 100 resilient Cities of the World,we have a platform to compare notes with cities who have similar experiences and create innovative and mitigating strategies.Lagos is currently home to about 23 million inhabitants with an estimated 86 people moving into Lagos every hour.This creates challenges of managing a daily increase in human and vehicular movement,'' he said.
The Governor,who said that resilience had always been part of the Lagos Story,said despite the fact that the State remained the smallest state in Nigeria by geographical size,it is the largest by population and economic power.More photos below.
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