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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THE STUDENTSHIP OF THE SUSPENDED S.U.G. PRESIDENT OF ILARO POLY,HAS BEEN RESTORED.{PHOTO}.

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     The Federal Polytechnic, Ilaro, Ogun State, has restored the studentship status of the suspended Students Union Government President, Com. Olatunji Adegboye.
Adegboye, a Higher National Diploma Banking and Finance Student was suspended by the Polytechnic after he was arrested by the Ogun State Police Command in February this year in connection with cult related activity.
But the Polytechnic on Thursday elected to lift the suspension slammed on him following intervention by Governor Dapo Abiodun through series of meetings coordinated by the Secretary to the State Government (SSG), Mr. Tokunbo Talabi.
A letter dated July 2, 2020 and signed the Polytechnic’s Registral, Osore, A.F (Mrs.) which was addressed to Adegboye, conveyed his reinstatement.
However, the institution also required to obtain letter of certification from guarantors – that is the Ogun State government and the Department of State Services (Ogun State), attesting that he would maintain law and order for the period of his studentship in the institution and community.
The letter reads: “Based on the intervention of the Ogun State government on the matter through: a meeting coordinated by the Secretary to the State Government (SSG) and having in attendance, the Advisers to the Governor on Security, Labour, Students Matters, representative of the Department of State Services (DSS) in the State, National Association of Nigerian Students (NANS), Executives(Ogun State), Rector, The Federal Polytechnic, Ilaro (FPI) and Deputy Registrar (Rectory), FPI; and
“A follow up letter dated 30th June, 2020 and signed by the Secretary to the State Government, Mr. Tokunbo Talabi wherein it was directed that the status quo be maintained pending the outcome of the court case of cultism instituted against you.

“Accordingly, the Academic Board at its meeting held on Thursday, July, 2, 2020, taking into consideration the intervention of Ogun State government resolved to restore your studentship with the following conditions:.
'' The letter is expected to be followed to the Registrar through your Head of Department.It is hoped you will expedite action on the conditions above,so that you can be reintegrated into the system to benefit from the online curriculum delivery in respect of the second semester 2019/2020 academic session.Thank you''.
JUST IN: Fed Poly Ilaro reinstates suspended SUG president

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