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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5 FEARED DEAD AS A BOAT FROM CMS TO IKORODU CAPSIZED TODAY.

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Image result for lagos boat capsize     About five persons were feared dead when a boat capsized in Lagos on Wednesday evening.An eyewitness told newsmen that the boat was travelling from CMS to Ikorodu.
Bodies of the victim of the accident were brought to the jetty at Ipakodo in Ikorodu, on the outskirts of Lagos.
Lagos State police spokesman, Chike Oti, who confirmed the incident, noted that sixteen persons were rescued.
“The information reaching us from the Marine unit of the command reveals that five persons died in the Boat mishap, while 16 persons were rescued alive, Oti said.
“Our marine team is still combing the waters to see if there are other victims in the water.“The Commissioner of police, CP Imohimi Edgal has ordered the officer in charge of the marine unit to investigate the remote cause of the Boat accident.”
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