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 DECLARES JUNE 12 PUBLIC HOLIDAY.

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     The Lagos State Government on Saturday declared June 12, 2018 as public holiday to commemorate the 25th anniversary of the annulled 1993 Presidential elections adjudged to be have won by the late Moshood Kashimawo Olawale (MKO)Abiola.
The State Governor,  Mr. Akinwunmi Ambode in a statement signed by the Secretary to the State Government,  Mr. Tunji Bello said the significance of June 12, 1993 elections, adjudged as the freest and fairest in the history of Nigeria, would always be a reference point in the State’s quest to entrench true democracy in service to the people.
Commending President Buhari’s recent declaration of June as the new Democracy Day, the Governor said the singular act would forever ensure that Chief MKO Abiola and other martyrs of democracy who laid down their lives in the struggle to entrench good governance did not do so vain.
“On behalf of all Lagosians, we want to commend and applaud Mr President, Muhammadu Buhari for deeming it fit finally against all odds from all other past presidents that 25 years after, we are able to now celebrate our own Democracy Day and also declare that the real winner of 1993 June 12 Presidential election was actually our own MKO Abiola.
“No matter how long you try to hide history, history will always reveal itself with a true platform. So, we know that is one very important singular step as we go forward to build an enduring democracy. And for all democrats in this country, we are excited that we are moving in the right direction.
“It also affirms that Nigeria can get it right if we begin to put things in the right perspective and work for the general good of the greater number of people. That is the true essence of democracy.“For us in Lagos, June 12 is not just a day to remember, it is a rallying point for those of us in service that we must continuously strive to entrench true democracy and good governance which is what Chief MKO Abiola totally exemplified,” Governor Ambode said.
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