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 TO DEPLOY DRONE MADE BY LASPOTECH FOR AERIAL SURVEILLANCE+9228 STUDENTS GRADUATE FROM 32 DEPARTMENTS.{PHOTOS}.

Image may contain: 5 people, people smiling, people standing                       Lagos State Governor,Mr Akinwunmi Ambode today thursday said the State Government would deploy drone made by the staff and students of Lagos State Polytechnic {LASPOTECH} to effectively carry out aerial security surveillance across the State.Speaking at the 25th Convocation Ceremony of the institution held at the main campus in Ikorodu,Governor Ambode commended the staff and students for being innovative,saying that government would do everything within its power to promote and fund the drone project to encourage them for the achievement.Governor Ambode also approved the construction of new Main Auditorium,Administrative Block,renovation of the Sports Complex and general facelift to the facilities within the campus environment including equipping and furnishing of the newly built School of Technology Building {Block A}.
According to the Governor,it was worthy of note that LASPOTECH,in its 40 years of existence,had occupied a pride of place among State-owned Polytechnics in Nigeria,but stressed that conscious efforts must be made to build on the successes achieved especially by becoming a true centre for excellence in technological education and research.He said being an emerging mega city,tertiary institutions and services in the State must be of acceptable global standards and be agents of development,adding that such was important for the State to compete favourably with other mega cities in the world.''Lagos State Polytechnic must rise to the challenge of meeting the technical manpower requirement of both the public and private sectors is not just Lagos State but in the whole nation.We must rise above just providing education for the sake of acquiring a certificate to providing knowledge which will empower our youth to become champions of their generation,to chart their own course and establish enterprises that will create jobs and generate wealth for all.Education is high on the priority list of this administration,and a significant portion of the State budget every year is allocated to education We recognise the fact that a citadel of learning is as good as the quality of its learning environment in terms of infrastructure,academic and administrative faculties.Our government has invested massively in upgrading the infrastructure and other learning tools in all our tertiary institutions,including this institution.The ultimate goal of this investment in tertiary institutions in Lagos State is beyond meeting the requirement for the accreditation of courses; it is to ensure that tertiary education in Lagos State becomes a bench mark in Nigeria,ranking comparatively with global institutions and producing the leaders of tomorrow,'' Governor Ambode said.More photos below.
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