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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ODIRS REMITS 12 MILLION NAIRA RADIO AND TV. LICENSING FEES TO ALL 18 LOCAL GOVERNMENTS IN ONDO STATE.{PHOTOS}.#PRESS RELEASE.

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     Consequent upon our mandate to assist Local governments in collecting their revenues and disbursing accordingly , Ondo State Internal Revenue Service remitted the sum of Twelve Million Naira to all the eighteen (18) local governments in Ondo State, being for *Radio and Television Licensing fee* .
The cheque was presented by the Executive Chairman ODIRS Mr. Tolu Adegbie to Mr. Segun Odunsanya, Permanent Secretary, Ministry of Local Government and Chieftaincy Affairs today the 23rd day of June 2020.
Presenting the cheque to the Permanent Secretary, the Chairman Mr. Tolu Adegbie said the amount is relatively lower as a result of paucity of funds being the Covid-19 pandemic effect on general economy.
In response Mr. Segun Odunsanya who received on behalf of all the 18 local governments appreciated the Chairman and stated that he prays this global pandemic vanishes in no time so as to enable ODIRS delve deeper into other aspects of revenue generation for the local governments and the state in general.
He appreciated the Chairman for continually striving to improve internally generated revenue despite all the challenges.One more photo below.

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