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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WHY BUILD BIG MANSIONS IN THE VILLAGE WHERE YOU DON’T STAY- EUCHARIA ANUNOBI. (PHOTO).

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Popular Nollywood actress turn evangelist Eucharia Anunobi comes for the rich and wealthy who don’t know what to do with their money and rather use it to build monumental mansions in their home towns.

Dr Eucharia in her video described it as waste full and frivolous questioning the sanity behind thinking of those who go sink billions of naira into building monumental monstrosities of a home in their hometowns but yet rarely ever stay in those homes visiting them once or twice in a year.

The actress challenged such persons to rather build estates and provide it at subsidies rate for the less privileged to buy rent to live in and use the wealth to help humanity.

Read Eucharia Anunobi’s caption to her video below;

Why build monumental monuments as village homes that you don’t live in regularly but visit once or twice a year, and where you may not even retire to , or even if you eventually retire to it , it’s manageability becomes a big problem.

Why don’t you rather invest in building estates and provide affordable housing for humanity

 

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