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

LAGOS TO BENEFIT FROM £38M UK MOBILE DEVELOPMENT PROGRAMME.{PHOTOS}.#PRESS RELEASE.

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         Owing to its socio-economic and political significance as the commercial nerve centre of the country and sixth largest economy in Africa, Lagos State Government is to benefit from the United Kingdom thirty-eight million pounds extended programme on mobile for development in Nigeria.
This was disclosed today by the United Kingdom Minister of State for Africa at the Foreign Commonwealth Office who also doubles as Minister of State for Department for International Development, Harriett Baldwin during a courtesy visit to the Lagos State Deputy Governor, Dr. Obafemi Hamzat in his Alausa Office.
According to the Minister, the Mobile for development programme is to enable a lot of people access financial services through their mobile phones and buy things like solar system for their homes and businesses.
She added that owing to the significant impact of the programme on the people, the UK government is extending the programme to further affect positively the lives of other twenty-seven million people around world including many in Lagos noting that the programme was exactly designed to absolutely impact the grassroot.
In addition, she said, the programme would enable women in the market to use the financial services in investing in solar fridges, solar freezers and something that will really help them in their homes in areas where they dont have access to reliable electricity.
It will also help everyone with the ambition to ensure that they are able buy health insurance and mobile financial services is the future, emphasizing that Lagos is very often at the cutting edge of some of this investment in technology which is why the UK Government is basing our science and technology centre in Lagos.
Describing Lagos as amazing and vibrant city, Baldwin noted that the UK government is willing to learn from some of the state’s innovation and share some of theirs.
Responding, the Lagos State Deputy Governor, Dr. Obafemi Hamzat assured the United kingdom team that Lagos State Government is set to collaborate with their government in any area that will be of immense benefit to the good people of the state.
While emphasizing that the programme is an extension, Dr. Hamzat stated that the state government will embark on sensitizing her citizens to understand the benefits of the programme and take advantage of it.
He added: “With the population advantage of Lagos, any developmental programme embarked upon would be of great benefits to the residents by empowering them. This would also be of imminence benefits to every Nigerian and foreigners based in the state’’, said Hamzat who expressed gratitude to the visiting team.More photos below.
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