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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FAYOSE INAUGURATES OLOYE AS THE NEW CHAIRMAN OF EKITI COUNCIL OF OBAS.{PHOTOS}.

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            The need for the royal fathers in Ekiti State to ensure sustainability of current peace enjoying in the State has again been stressed.
Governor Ayodele Fayose made the remarks during the inauguration of Oba Michael Ademolaju as the new chairman of Ekiti Council of Obas held at the government house in Ado.
He advised the new chairman to see his post as an opportunity to serve Ekiti people, hence the need for him to build on the already laid foundation by his predecessors.
The governor promised to support the agenda of the new chairman and other Obas for the development of the state.
He called on Oba Ademolaju to use his wealth of experience to move the state forward.
Mr Fayose also called on Ekiti people to rally round his government and pledged to fulfill his mandate within the available resources.
He added that financial challenges confronting the state is due to poor management of the state finances by immediate past administration.
In his acceptance speech, Oba Oluwole Ademolaju thanked the Governor for giving him the opportunity to serve in the capacity of chairman Council of Obas in the state.
He assured the Governor and Ekiti people not to disappoint them. Earlier, the Commissioner for Local Government and chieftaincy Affairs, Mr Ayodeji Alabi called on the new chairman to join Governor Ayodele Fayose to actualise it's 6 point transformation agenda.More photos below.
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