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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LAI MOHAMMED HAILS NIGERIAN TV,FILM CONTENT PRODUCERS.{PHOTOS}.

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Image may contain: 5 people, people standing                     The Minister of Information and Culture,Alhaji Lai Mohammed,yesterday wednesday hailed Nigerian TV and film content producers for their impressive work in deepening the industry,but challenged them to do more to tell the Nigerian story and do more of co-production to enrich their content.The Minister made the commendation in Cannes,France,where he is at the head of the Nigerian delegation to the ongoing 2017 MIPTV,the biggest forum for TV and online content producers in the world.He said he was quite impressed with the presence of such Nigerian content producers as Iroko,Aforevo and Consolidated Media Associates Ltd,owners of Souundcity and Ontv,Spice TV,Access24 and OnMax,at the global forum,hence his decision to personal visit their stands to encourage and support them.On the importance of the forum,Alhaji Mohammed described MIPTV as ''a shopping mall for content and formats for chamnnels,'' ading: ''The idea of this MIPTV is to create a forum for the media and the entertainment world,especially the television and films,to meet other stakeholders including content producers and channel owners in an attempt to further deepen the industry''.The Minister said hid delegation,which includes the Chairman of the Senate Committee on Information,Senator Sulaiman Adokwe,and the Director-General of the National Broadcasting Commission {NBC},Mr Is'haq Modibbo Kawu,will leverage on their attendance of the forum to enrich the digitization of television broadcasting in Nigeria.''We must see how we can build contacts and relationship that will enrich content production when we go fully digital,'' he said,disclosing his plan to visit other African countries to exchange ideas on digitization.As part of his activities at the forum yesterday wednesday,the Minister was taken on a guided tour of the sprawling venue of the MIPTV,during which he visited the stands of notable Nigerian content producers like Iroko and Aforevo,as well as those of Bollywood and Zee World.More photos below.
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