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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LAGOS WELCOMES THE RELEASE OF THE 6 KIDNAPPED EPE SCHOOL STUDENTS TODAY.{PHOTOS}

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Image may contain: 2 people, people sitting    The Lagos State Government on Friday expressed excitement over the release of six students of Igbonla-Epe Model College who were abducted on May 25, 2017 in their school premises.
In a press statement, the State’s Commissioner for Information and Strategy, Mr. Steve Ayorinde congratulated the parents of the students and all concerned stakeholders over the development, just as he said the students would undergo series of medical tests and trauma therapy before they are reunited with their families.
“This is a welcome development and the State Government has always believed that the students would be released unhurt. The news of their release is therefore a confirmation of that belief and we are glad that they would be reuniting with their families,” Ayorinde said.
He said the State Government remains resolute in its commitment to ensure the safety of lives and property of residents in the State and has already beefed up security in schools to prevent a re-occurrence.
“It is on record that the Governor Akinwunmi Ambode-led administration has invested massively on equipment and welfare of security personnel so as to ensure that the State remains safe for residents and investors.
“This Government has already taken giant steps to secure all our schools especially those in the suburbs and riverine areas and we are confident that the steps taken so far will go a long way in nipping a repeat of such in the bud,” Ayorinde said.The Commissioner also quoted Governor Ambode as commending the efforts of security agencies who worked tirelessly to ensure the safe release and return of the students.More photos below.
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