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 COMMISSIONER BAGS NIM FELLOWSHIP AWARD.

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    The Lagos State Commissioner for Home Affairs, Dr. Abdulhakeem Abdullateef has been conferred with the highest professional membership grade of the Nigerian Institute of Management, NIM, at the Institute 2017 Awards, Fellows and Spouses' Day Luncheon held at City Hall, Lagos on Thursday.
Speaking at the during the presentation of the NIM Fellowship Award to the Commissioner, the President and Chairman of Council of the Nigerian Institute of Management (Chartered), Emeritus Prof. Munzali Jibril, stated that the process of upgrading members to Fellow is rigorous and painstaking, which is why only those who are truly deserving of the award get honoured each year.
Prof. Jibril implored Dr. AbdulLateef and other recipients not to be contented with just adding FNIM appellation to their names but to see it as a call to higher responsibility and service to the Institute, the management profession and the Nation at large.
In his words, “From today onward, each of you is expected to devote more time, talent, treasure and thinking to the service of the Institute and mankind”.
In his acceptance speech, Dr. Abdullateef noted that his undying passion for the acquisition of knowledge and excellence was his propellant.
According to him, “I feel great and honoured as a fellow of the Nigerian Institute of Management (Chartered). Political opportunities will come normally but my charge to political office holders is to be truthful to themselves. What you don't have you cannot give.”“You need to go ahead and acquire more skills through organizations like this to deliver on your electoral mandate”, he advised.


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