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
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AMBODE UNVEILS PLANS TO CONSTRUCT 6,000 BED HOSTEL IN LASU AS 36,540 STUDENTS GRADUATES TODAY.{PHOTOS}.

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   Image may contain: one or more people, people standing and hat               Lagos State Governor,Mr Akinwunmi Ambode today thursday revealed plans by his administration to build a 6000-bed hostel within the campus of Lagos State University {LASU},Ojo in partnership with the private sector to improve on the learning experience in the institution.Speaking at the 21st Convocation ceremony of LASU held at the university's auditorium complex,Governor Ambode said government will continue to invest in infrastructure in tertiary institutions in the State including LASU to make them emerge as great citadels of learning and pride of all.While commending the management and governing council of the institution for the professionalism with which the affairs of LASU had been piloted,Governor Ambode charged them to build on the ranking of the institution as the Best State University in Nigeria to become one of the best five universities in the country by 2020.The Governor particularly encouraged the management to work assiduously to make LASU emerge as the preferred university of choice by 2025.
He said: ''You will recall that at the 20th Convocation of this institution last year,I made a commitment that our Government will invest massively here and upgrade its status to that obtainable anywhere around the world provided all stakeholders can ensure that peace reigns on Campus.One of the results of that is the accreditation of this institution's School of Dentistry; the only State University to have an accredited School of Dentistry.We will continue to invest in physical and social infrastructure in this University.We have many projects nearing completion and these legacy projects when completed  will no doubt change the entire overview of the landscape of the university.One of these projects is a PPP arrangement to deliver a 6,000-bed hostel for LASU''.More photos below.
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