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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HISTORY OF OBI IYIEGBU, POPULARLY KNOWN AS OBI CUBANA.{PHOTO}...

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 HISTORY OF OBI IYIEGBU, POPULARLY KNOWN AS OBI CUBANA

July 17, 2021

Obi Iyiegbu popularly known as Obi Cubana is a Nigerian Based businessman, entertainer, entrepreneur, philanthropist, and a show killer, he is the chairman and the owner of the popular Cabana groups, OBI CUBANA is from Oba, a community in Demili-South Local Government Area in Anambra State, Nigeria.

Real name:Obi IyiegbuDate of birth: April 12, 1975Country of Origin: Federal Republic of NigeriaSource of Wealth: BusinessmanNet worth: $96 millionWife : Mrs. Ebele IyiegbuChildren: Alex, Ifeanyi, Ebube, Kosisochukwu,In 1998, after completing his primary and secondary school education, Obi Cubana proceeded to the University of Nigeria where he obtained a degree in Political Science from the University of Nigeria Nsukka.


In 2006, Obi Cubana started his first club Ibiza Club in Abuja seeking to satisfy fun seekers and nightlife lovers. Following the remarkable progress he made from the Ibiza Club, he established the Cubana group, a hospitality club that provides all-around entertainment satisfaction in 2009. Cubana group was first established in Owerri, Imo state capital Nigeria. Today, Cubana has spread across various states in the country including Lagos, Abuja, and Enugu.


List of Cubana Group businesses and establishmentscubana groupOne of Cubana HotelsRolex Hotels – LagosCubana Leisure OutfitsPablo Cubana – LagosCrave Cubana – AbujaGrand Cubana Hotels – AbujaOpium Cubana – OwerriCubana Night Clubs – LagosGustavo Cubana-


EnuguObi Cubana works with close associates including Paschal Okechukwu popularly known as Cubana Chief Priest to manage his entertainment conglomerates around the country. Obi Cubana in a recent interview revealed that he is currently working on Cubana Dubai and Cubana Real Estate.


Cubana AwardsObi Cubana AwardsObi Cubana has won several awards and recognition across the country, it is expanding its reach across Nigerian borders and also outside Nigeria. Some of the awards Obi Cubana have been won includes;Democracy Heroes Award 2018 as Democracy Entrepreneur of the year.The RightVille School special leadership Award, May 2017Ghana-Nigeria Achievers Award 2017 as Inspiring Personality Award, 2017Northern Nigeria Peace


Summit/Award 2017 as Northern Nigeria Peace Builder of the year 2017Nigeria Film corporation Entertainment as Icon Award 2017Young Entrepreneur of the year 2016Obi Cuban Personal lifeobi-Cubana and familyIn 2008, Obi Cubana got married to his beautiful wife, Ebele Iyiegbu who is a Lawyer by profession, and their union is blessed with four sons. She calls herself the mother of boys.


Obi Cubana is married to Ebele Iyiegbu who is the founder and owner of the KIEK foundation, a non-governmental organization established with the aim of improving the lives of the less privileged children in our society through quality education, healthcare, nutrition, and child’s rights governance.Obi Cubana is currently one of the richest and the most influential personalities, entertainers, show promoters, and entrepreneurs in Nigeria, his net worth is estimated to be $96 million ( #39,504,000,000.00 in Nigerian naira) This is based on his income, properties, and asset.The Nightlife entrepreneur was said to have gotten 346 Cows, 72 Goats, 20 Rams for Mother’s Burial, Mr. Obi Iyiegbu has not stopped receiving gifts from his friends, employees, and those he has supported through life, It was earlier reported that Obi got 46 cows from his former employee Cubana Chiefpriest and 10 cows from his old time friend and young billionaire Jowi Zaza.ConclusionObi cabana is a businessman that has achieved a lot so far but still has a great personality and likes to keep a low profile life, he has just a few cars and a lot of assets.You can release your chest a little now 😇Written by Faith Ayideme Elukpo

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