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

SANWO-OLU INAUGURATES 9TH LAGOS ASSEMBLY,PROMISES TO UPHOLD SEPARATION OF POWERS+CONGRATULATES OBASA ON HIS RETURN AS SPEAKER.{PHOTOS}.#PRESS RELEASE.


Image may contain: 2 people, people standing and hat        Lagos State Governor, Mr. Babajide Sanwo-Olu, Friday inaugurated the 9th Lagos State House of Assembly just as Hon. Mudashiru Obasa returns as Speaker.
Governor Sanwo-Olu who was represented by his deputy, Dr. Obafemi Hamzat, promised to uphold the principle of separation of powers, which remains the bedrock of democracy.
The Governor sought the support of the Legislative arm of government for speedy consideration and passage of bills that would see to the implementation of the numerous programmes of the new administration in the state.
Governor Sanwo-Olu thanked the honourable members for their support and pledged that his administration would not betray the trust reposed in it.
“ Let me assure you that we would uphold the tenet of separation of powers while I do urge you to intensify your efforts as the foremost House of Assembly. I equally want to seek your support for speedy consideration and passage of bills that would further assist in the implementation of good and loft programmes of the new administration”, Sanwo-Olu said.
For his return as the Speaker of the 9th Assembly Hon. Mudashiru Obasa's nomination was moved by Hon. Moshood Oshun, representing Lagos Mainland Constituency 2, and seconded by Hon. Yinka Ogundimu representing Agege Constituency 2.
In the absence of no other nomination from the floor of the house for the position of the Speaker, Obasa who represents Agege Constituency 1 was returned unopposed
In his speech after he took the oath of office, Obasa thanked Governor Sanwo-Olu for proclaiming the 9th Assembly.
Obasa further expressed gratitude to his colleagues for the confidence reposed in him, which heralded his return for second term as speaker of the Lagos State House of Assembly.
The new speaker said he is aware of the responsibility the office demands from him while also expressing appreciation to his constituents in Agege for giving him a fifth term making it possible for the speakership position.
"I promise to make you proud, I will not let you down, your re-electing me for a second term as speaker goes a long way to demonstrate the level of confidence and trust reposed in me".
While assuring that the House would apply legislation to define Lagos of everybody's dream, Obasa added that the legislature will collaborate with other arms of government especially the executive to take Lagos to the next level.
Promising that the House will remove all the obstacles put in its way to hinder legislative duties.
He however commended Lagosians for the trust reposed in their representatives through their votes at the election, ensuring them of an enduring dividends of democracy..More photos below.
Image may contain: 1 person, sitting and indoorImage may contain: 8 people, people smiling, people sittingImage may contain: 1 person, smilingImage may contain: 6 people, people smiling, people standing and indoor

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