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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AMBODE OKAYS CONSTRUCTION OF FAGBA FLYOVER BRIDGE TODAY.

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     Lagos State Governor, Mr Akinwunmi Ambode on Tuesday approved the construction of a flyover bridge at the Fagba intersection to ease the perennial traffic gridlock and reduce travel time within the axis.
Governor Ambode approved the construction of the Fagba Flyover Bridge after an inspection of the ongoing construction of Pen Cinema Flyover Bridge, where he observed the need to holistically address the traffic gridlock around Agege-Iju axis to make Pen Cinema Flyover Bridge more effective.
According to him, the development is in response to the various yearnings of the community in Fagba and several road users plying the Iju-Fagba axis and also in furtherance of his administration’s commitment in ensuring free flow of traffic and reducing man-hour loss across the State.
The Governor said, “Iju Road which is one of the major roads in Lagos State has over the years served as a strategic growth pole in the socio- economic landscape of the State has overgrown its present traffic carrying capacity resulting in the traffic challenges being experienced presently.
“The proposed flyover bridge at Fagba will be constructed concurrently with the ongoing Pen Cinema flyover and accelerated to minimize the inconvenience of the motoring and commuting public during the period of construction.
“The bridge which will have a dual carriageway separated by concrete median barrier will allow seamless flow of traffic into Jonathan Coker for vehicular movement from College Road/Pen Cinema and vice versa for traffic from Jonathan Coker Road that are Iju or College Road bound.”
Besides, Governor Ambode said the Fagba flyover bridge, on completion, would go a long way to improve socio-economic activities, enhance development and safety of the road users in the axis with consequent improve standard of living.It will be recalled that while the present administration has completed several road projects totaling 130km recently including the network of 21 boundary roads in Alimosho Local Government, it also has other major road projects cumulating in 120km that are currently ongoing across the State.
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