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 SHUTS ILLEGAL PLANK MARKET IN OKO-BABA TODAY.

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 No automatic alt text available.            The Lagos State Government on Sunday ordered the immediate closure of an illegal plank market in Oko-Baba Extension by Wright Street in Yaba Local Council Development Area (LCDA) of the State.
The government, in a statement signed by the Commissioner for Local Government and Community Affairs, Hon. Muslim Folami, said the decision to shut down the market was based on the fact that it had become a security threat as well as a hide out for hoodlums who attack innocent citizens and commuters in the area.
He said the State Government, under Governor Akinwunmi Ambode, was passionately and irrevocably committed to the safety of lives and property of residents in the State and would not allow any potential security threat to thrive.
Therefore, Folami urged traders in the affected market to comply with the directive, just as he warned that those who flout the order would face the wrath of the law.Besides, the Commissioner said the State Government would not hesitate to also close down any of such illegal market in any part of the State in the overall interest of the people.
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