LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
Lagos State Government,Mr Akinwunmi Ambode yesterday thursday said his administration has concluded plans to begin a total revamping of the National Arts Theatre in Iganmu,Lagos by next month in time for the 2017 Africa Movies Academic Awards {AMAA} ceremony holding in the State later in the year.Governor Ambode,who spoke when he played host to officials of AMAA led by its President,Mrs Peace Anyiam-Osigwe at the Lagos House,Ikeja,expressed optimism that the plan to upgrade the Theatre to world class standard would serve as a viable venue for the AMAA event when completed.''I want to also say that I am very particular about the venue of the AMAA,so we would use everything possible to make sure that the National Arts Theatre is ready.We are in a process and before the month ends,we should have something to start doing within the first week of April to getting the whole place ready'' he said.Alluding to the fact that Lagos would turn 50 by May 27,the Governor said that the hosting of the AMAA event in Lagos would add more glamour to the celebration of the State's Golden Jubilee and showcase its hospitality to the continent and the world at large.''This is a very historic moment for us in Lagos,2017 we are celebrating the existence of Lagos for 50 years.If you look at the calender,you would wonder in what ways and manner can we celebrate Lagos? ''Without your sector,there is no Lagos.So,when we say 50 years,we are talking about 50 years of history,so somebody documents it,somebody dramatizes it,and then somebody keeps it,so that those who are yet unborn would see it,so even when we are not there,it would be displayed through your creative talents,'' he said.More photos below.
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