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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LASG SET TO DELIVER 360 MORE HOMES IN IGBOGBO,IKORODU.{PHOTOS}.#PRESS RELEASE.

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      The Lagos State Commissioner for Housing, Mr. Moruf Akinderu-Fatai has revealed that 360 new housing units will soon be commissioned by the State government as part of efforts to tackle the challenge of housing deficit.
Akinderu-Fatai made the disclosure while conducting a validation and inspection visit to the Igbogbo Scheme 11b at Ikorodu Local Government area earlier today.
According to the Commissioner, the State Government has resolved to complete all outstanding housing schemes to speedily bring succour to Lagosians by providing decent accommodation for the increasing population of the State.
“Reducing the housing deficit and bringing more people on the home-ownership ladder through the provision of affordable and quality homes are tasks that are germane to building a 21st-century economy”, he said.
In his contribution, the Permanent Secretary, Ministry of Housing, Mr. Wasiu Akewusola expressed satisfaction with the ongoing works at the site and encouraged contractors to keep up the good job in order to deliver at the targeted date.
He disclosed that about 3500 houses will be completed this year in Sangotedo, Idale in Badagry, Odo Onasa/Ayandelu, Ibeshe, Egan-Igando and Ajara in both government-owned schemes and joint ventures.
The Igbogbo Housing Estate is made up of 30 blocks of buildings with 120 units each of two-bedroom, three-bedroom and one-bedroom, making a total of 360 units of family apartments.
The entourage to the site included the Senior Special Adviser to the Governor on Housing, ESV. Ayodele Amodu and management staff of the Ministry.More photos below.
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