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

GOV. ABIODUN SIGNS N280BN REVISED 2020 BUDGET INTO LAW.{PHOTOS}.#PRESS RELEASE.

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    The Ogun State Governor, Prince Dapo Abiodun has signed the Revised 2020 Appropriation Bill into law, with a pledge to pay attention to health, education, infrastructure and other sectors that would boost the economy of the State.
Signing the Budget which was reduced from N449.97bn to N280bn in his office at Oke-Mosan, Abeokuta, after receiving it from the Speaker of the House of Assembly, Rt. Hon. Kunle Oluomo, Governor Abiodun said his Government would work within the Budget to ensure that the people get its benefits.
"I want to appreciate our Lawmakers for expediting action on the Bill. The relationship between the Legislature and the Executive is exemplary. Issues relating to moving the State forward, are always given prompt attention.
"The House has done the needful. They have done a good work. We will do our best to ensure that we work within the Budget, by paying attention to those sectors that impact positively on our people," the Governor explained.
He noted that the review of the Budget was due to the adverse effects of the COVID-19 pandemic, in line with the current realities, adding that the Government would fix the inadequacies in the health sector, as highlighted by the Coronavirus.
Speaking earlier, Speaker Oluomo explained that relevant stakeholders were engaged in the course of amending the Bill, expressing the hope that it would reengineer the socioeconomic condition of the State.More photos below.
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