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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12 YEARS AFTER,SOUTHERN GOVERNORS MEET IN LAGOS ON MONDAY+FISCAL FEDERALISM,DEVOLUTION OF POWER TOP AGENDA.

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    Twelve years after their last gathering, Governors from the Southern part of Nigeria will on Monday converge in Lagos to deliberate on how to forge stronger ties for the three geo-political zones.
In a statement signed by the Secretary to the Lagos State Government (SSG), Mr Tunji Bello, the meeting which will be co-hosted by the Governors of Lagos State, Akinwunmi Ambode and Akwa Ibom, Emmanuel Udom will address issues that are germane to the development of the three contiguous zones.
Bello said the meeting is in line with the realisation that the different states in the South have since 2005 developed several areas of comparative advantage which could be harnessed and become mutually beneficial.
According to him, the Governors would also be expected to adopt a common position on the issues of armed robbery, kidnapping, devolution of powers and issue of fiscal federalism which have all gained prominence of late.
“The 2017 Lagos summit of the 17 Southern Governors representing the South South, South West and South East zones is expected to come up with a communiqué after the deliberation.
“It is noteworthy to recall that the inaugural meeting of the Southern Governors took place in Lagos in 2001 under the administration of Asiwaju Bola Ahmed Tinubu,” Bello said.
The statement added that the predominance of views is that if the Southern States speak with one voice, they are bound to attract weighty and credible listenership.
The 17 Southern States expected at the summit include Governors Emmanuel Udom of Akwa Ibom; Ben Ayade- Cross Rivers State; Godwin Obaseki - Edo State; Nyesom Wike - Rivers State; Ifeanyi Okowa - Delta State; Seriake Dickson- Bayelsa and Rochas Okorocha- Imo State.Others are Willie Obiano - Anambra State; Okezie Ikpeazu - Abia State; David Umahi - Ebonyi State; Ifeanyi Ugwuanyi -Enugu State; Rauf Aregbesola - State of Osun; Abiola Ajimobi – Oyo; Ibikunle Amosun –Ogun; Oluwarotimi Akeredolu – Ondo; Ayodele Fayose - Ekiti and Akinwunmi Ambode of Lagos State.
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