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 IS SET TO PARTNER WITH UAE ON TRAFFIC MANAGEMENT AND SECURITY.#PRESS RELEASE.

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       Lagos State Governor, Mr Babajide Sanwo-Olu, has declared his administration’s readiness to partner with the government of United Arab Emirates (UAE) in the areas of traffic management and security.
The Governor disclosed this when he received the Consul-General of the UAE Consulate in Nigeria, Dr Abdulla Al-Mandoos in Alausa at the weekend.
Sanwo-Olu noted that UAE, in the last decade, had become a choice destination for Nigerian tourists and businessmen. This revelation, the Governor said, should deepen the existing bilateral agreements between Nigeria and UAE.
He said: “As a government, we have several things to learn from the story of UAE’s transformation. Dubai, which is the country’s commercial hub, shares so many similarities with Lagos. This is why I am elated to receive Dr. Al-mandoos and we welcome him.
"Let me disclose that, Lagos is ready to deepen the relationship between the two countries and we are working on collaborations in traffic management and security," the Governor reiterated.
Sanwo-Olu said there would also be collaborations in harnessing Lagos cultural potential to expand local tourism business. He expressed optimism that the envoy’s visit would deepen trade and yield positive results for both countries.
“We are hoping that in your tenure, we shall further expand and grow the relationship of the two countries,” the Governor said.
Responding, Dr. Al-mandoos said the aim of his visit was to get cooperation and support of Lagos government on various areas of interest between Lagos and UAE.
The diplomat promised there would be collaborations in the areas of security and education, noting that the partnership would assist the state to improve its tourism potential.
He said: “It’s my pleasure to meet the Governor of Lagos to consolidate our cooperation and good friendship over the years. My government is looking at supporting Lagos in several areas, which include education and security. This partnership, we believe, will promote businesses and stability of our countries.”
Dr Al-mandoos leveraged the meeting to push the consulate’s land request to the Governor to build its office and a cultural centre.
The envoy said the proposed cultural centre would assist the two countries to build a strong socio-cultural bond, which would further strengthen their relationship.
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