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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GUNMEN ABDUCT BAYELSA COMMISSIONER FOR TRADE & INVESTMENT,OTOKITO FEDERAL. (PHOTO).

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Gunmen have kidnapped the Bayelsa State Commissioner for Trade and Commence, Mr Otokito Federal Oparminola.

According to investigations, Otokito was kidnapped by heavily armed men from his residence at Otuokpoti, Ogbia Local Government Area.

Sources said the gunmen invaded the community at about 11pm, Thursday night and fired severally shots to scare people away before they proceeded to Otokito’s residence where he was whisked away to an unknown destination.


 

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