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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MY FIRST AND SECOND WIFE LEFT ME AFTER HAVING A CHILD EACH FOR ME- MR IBU.(PHOTO).

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"When you are young and single it is a big difference from being a married man, and a bigger difference when you start to have children. When you have babies, you are becoming a man, and when you are becoming a man, you are thinking big. There were certain things I wouldn’t do that I do now, because I am the head of my family and family comes first. Also, my children look up to me, learn from me and emulate me.

"When I started my journey into fatherhood, I was a careless father, but by God’s grace I was able to retrace my steps, build up myself and today I am proudly a responsible father. If you are a careless father, who doesn’t care for his children, who doesn’t have love for his and family, who doesn’t have love and passion for building a home, such a person is not a man. I have been able to live up to my responsibilities as a father by providing for my family and making sure they never lack.

"My first and second marriages failed; they (my wives) left me after having a child each for me.

"I wondered what made them make such decisions and they made me know that it was because I didn’t have money. This made me know that I have to be able to keep my family and provide for them and make sure that they are satisfied and not have any reason to look down on me.”

 

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