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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FG CONGRATULATES MO ABUDU OVER NETFLIX DEAL.{PHOTO}.#PRESS RELEASE.

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    The Federal Government has congratulated media entrepreneur and filmmaker Mo Abudu over her partnership with leading global streaming service Netflix to create two original series as well as multiple Netflix-branded films.
In a statement issued in Abuja on Friday, the Minister of Information and Culture, Alhaji Lai Mohammed, said the partnership, for on-screen adaptation of Wole Soyinka's 'Death and The King's Horseman' and Lola Shoneyin's 'The Secret Lives of Baba Segi's Wives', adds another feather to Mo Abudu's already well-adorned creative cap.
The Minister also described the deal as a big boost for the country's Creative Industry, at a time the industry is reeling from the negative  effects of the Covid-19 pandemic.
''Coming after Netflix's first Nigeria original film, Lionheart, this is a great recognition of the immense creative talents that abound in
Nigeria and the provision of a global platform for Nigeria storytelling,'' he said.
Alhaji Mohammed expressed the hope that this partnership will signal the beginning of a bigger, mutually-beneficial working relationship between the streaming service and Nigeria's Creatives.
Segun Adeyemi
Special Assistant To The President (Media)
Office of The Minister of Information and Culture
Abuja
12 June 2020.
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