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

BCOS REACTS TO WICKED RUMOUR ON DEMOLITION OF STAFF QUARTERS.{PHOTO}.#PRESS RELEASE.

 


   The Management of the Broadcasting Corporation of Oyo State (BCOS) has reacted to a wicked and false rumour which trended on the social media stating that the State Government and a private developer planned to demolish the BCOS Staff Quarters on Sunday, the 18th of April.

In a Press Statement issued by the Executive Chairman of the Corporation, Prince Dotun Oyelade, the BCOS Management said there was no iota of truth in the story.
The Statement explained that the Management had consistently and extensively engaged residents of the sprawling and expansive Staff Quarters which has been rechristened, Engineer Lere Adigun Estate on the development plans for the Estate.
The Management reiterated that the interests of the residents will be protected and accorded topmost priority in any development plan or scheme.
The statement emphasised that there is absolutely no truth in the story that the Quarters is to be demolished and residents forcefully ejected.
It also advised all the residents, the Corporation's Labour Unions and all members of Staff to ignore this wicked and unsubstantiated rumour, adding that the Management will continue to engage the Labour Unions and the residents on the development plans for the proposed Engineer Lere Adigun Estate.
SIGNED: Prince Dotun Oyelade, Executive Chairman, BCOS.
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