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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OGUN CAUTIONS AGAINST BUYING UNAUTHENTICATED LAND.

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     The Ogun State Government has advised prospective land buyers in the State to verify from the Ministry of Agriculture or Bureau of Lands & Survey, the authenticity of any land they are interested in purchasing before making payment to anyone.
The Commissioner for Agriculture, Mrs. Adepeju Adebajo, who stated this in a statement, said the verification was imperative to prevent prospective land buyers from being swindled by land grabbers who would deceitfully sell government land at a cheaper rate to them.
It added that the purchase of such land that falls under acquisition would not guarantee the buyer any legal right of ownership but results to waste of money or end up making multiple payments in form of punitive charges.
The statement also warned land grabbers to stop their illegal act of selling government land to the unsuspecting members of the public, as any of them caught would face the Anti-Land Grabbing Law of Ogun State.In the meantime, all investors on government acquired land for agriculture who have defaulted in the payment of Annual Ground Rent have been advised to update their payment in the Ministry of Agriculture before the end of March, 2018 or have their allocations revoked.
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