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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IVTEC MATRICULATES 123 PIONEER STUDENTS IN KWARA STATE.

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     The International Vocational, Training and Entrepreneurship College (IVTEC), Ajase-Ipo has matriculated 123 pioneer students, with a pledge to focus on creating jobs after the training.
The number includes indigent students, who are beneficiaries of the scholarship provided by the Kwara State Government and drawn from the 16 local governments (LGs) of the state.
Speaking at the matriculation ceremony on Thursday, the acting rector of IVTEC, Dr Ade Somide disclosed that 125 students were admitted but only 123 of them have commenced training at the College.
He added that 10 independent students, who benefited from the 70 per cent reduction in tuition fee approved by Governor Abdulfatah Ahmed, were also part of the matriculating students.
Somide further explained that the training which is a three-month special certificate programme cuts across 14 different programmes in 7 departments of the College.
He listed the departments to include Building construction Technology, Information and Communication technology, Heating, Ventilation and Air-conditioning (HVAC), Welding and Fabrication Technology, Automotive Technology, Electrical Engineering Technology, and Hotel and Tourism Management.
Somide disclosed that after the training, the students will be awarded IVTEC Special Certificate in their respective fields of study. He added that the students can re-enroll in the college for advanced studies or a two-year national innovation diploma programme.
Speaking on the college’s partnership with the Kwara State University (KWASU) Malete, Dr Somide said the partnership stems from the fact that the college is equipped with state-of-the-art equipment, which students from KWASU can benefit from.
Also speaking, the Chairman, Board of Directors, IVTEC, Dr Abiodun Adimula, urged the students to be diligent while undergoing their training and work towards becoming employers of labour after their training rather than seeking for jobs.He also urged them to collaborate and seek partnership with one another after the training in order to build a sustainable business.
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