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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GOV. SANWO-OLU CANCELS ONGOING APPOINTMENT OF LASU VC, ORDERS FRESH PROCESS.{PHOTO}.#PRESS RELEASE.

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•Directs Outgoing VC To Convene Emergency Senate Meeting
Lagos State Governor and Visitor to Lagos State University (LASU), Mr. Babajide Sanwo-Olu has cancelled the ongoing process set up for the appointment of a substantive ninth Vice Chancellor of the University.
The Governor further directed that a fresh process that would terminate in forty five days should commence immediately.
According to a statement by his Chief Press Secretary, Mr. Gboyega Akosile, Governor Sanwo-Olu's decision on the cancellation came after a thorough investigation and stakeholders engagement, which were necessitated by various petitions against the selection process.
"Governor Sanwo-Olu was inundated with petitions arising from the selection process of the Vice Chancellor by the Governing Council. After a thorough evaluation and investigation of the various complaints, Mr. Governor, in his capacity as the Visitor to the University ordered the cancellation of the process," he stated.
The outgoing Vice Chancellor, Professor Olanrewaju Fagbohun has also been directed by Governor Sanwo-Olu to convene an emergency Senate meeting for the purpose of appointing one of the Deputy Vice Chancellors, who is not a candidate in the cancelled selection process as Acting Vice Chancellor from Monday January 11, 2021 when the tenure of the incumbent Vice Chancellor, Professor Fagbohun expires.
The Governor further directed that, the Senate should select among its members, a pro tem chairman to superintend the meeting and conduct of election of Acting Vice Chancellor.
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