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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TRADE FAIR: GOV. SANWO-OLU CUT THE TAPE TODAY TO OPEN THE UNITED ASIA INTERNATIONAL EXHIBITION .{PHOTOS}.

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     L-R: Special Adviser to Lagos State Governor on Commerce, Industry & Cooperatives, Hon. Oladele Ajayi; Lagos State Governor, Mr. Babajide Sanwo-Olu; Commercial Consul, Consulate General, People’s Republic of China in Lagos, Mr. Liu Junsheng; President, Lagos Chamber of Commerce and Industry (LCCI), Mr. Babatunde Ruwase and Vice President, LCCI, Dr. Olawale Cole during the cutting of tape to open the United Asia International Exhibition at the Lagos International Trade Fair, Tafawa Balewa Square, Onikan, on Monday, November 4, 2019.More photos below.
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