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

LASG INSTALLS 2,000 OKADA,TRICYCLE RESTRICTION SIGNS ON MAJOR HIGHWAYS,BRIDGES.[PHOTO}.#PRESS RELEASE.

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     In a renewed effort towards creating awareness on the Lagos State Traffic Laws on restricted areas for the operation of motorcycles popularly called Okada and tricycles known as Keke, the Lagos State Government has commenced the installation of 2,000 prohibition signs across the metropolis.
The Commissioner for Transportation, Dr. Frederic Oladeinde disclosed that a good number of the road signs indicate restricted areas, warning that anyone that violates the law after this effort would be punished in accordance with the law.
Oladeinde explained that the road signs have been mounted on major highways including the Third Mainland Bridge, Agege Motor Road, Apapa-Oshodi Expressway, Lagos-Badagry Expressway and Lagos-Ibadan Expressway to create awareness on restricted routes for Okadas and Tricycles as prescribed by the State Government.
“We have successfully placed road signs on the Third Mainland Bridge, Agege Motor Road, Apapa-Oshodi Expressway, Lagos-Badagry Expressway, Lagos-Ibadan Expressway and other places to indicate areas that motorcyclists and tricycles are restricted and we urge that they comply for the safety of their lives and members of the public as we will apply the law on any erring Okada rider that violates our law”, the Commissioner warned.
He explained further that motorcycle and tricycle operations remain restricted on highways and bridges in all the Local Government areas including Apapa, Ikeja, Ikoyi, Surulere, Eti-Osa and Lagos Island, adding that same would be done in other areas in order to ensure that road safety culture is engraved in the consciousness of road users across the State.
The Commissioner, however, urged Lagosians to support the State government’s initiatives to tackle traffic gridlock in the metropolis, as it will provide faster results in decongesting the highways of traffic and create seamless movement of goods and services towards improving the local economy.
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