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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GOV.ABIODUN REASSURES FOREIGN INVESTORS IN OGUN.(PHOTOS).#PRESS RELEASE.

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Gov Abiodun reassures foreign investors in Ogun

Ogun State Governor, Prince Dapo Abiodun, has reassured foreign investors of a conducive environment for the growth of their investments in the State

The Governor gave the assurance while receiving in audience the management team of a multinational company, Apple and Pears said his Administration is determined to ensure that Ogun State maintains its status as an investment destination of first choice in the country.

“We have put in place investment friendly policies and programmes, including a stong security architecture for us continue to attract investment into our State”, the Governor said, adding that “we will do everything necessary to keep investors happy in Ogun State.

Gov. Abiodun thanked the team led by its Chairman, Habib Jaafar for the company’s current investment in the State and for its corporate social responsibilities, especially at the Gateway City Monument at the Sagamu interchange. 

Earlier Mr. Jaafar, while briefing the Governor on the purpose of his team’s visit express delight at the various policies and programmes put in place to attract investment into the State. 

He informed the Governor of the readiness of Apple and Pears to expand its investment portfolio in the state and to also facilitate other investors to come to the State, Jaafar was accompanied on the visit by Group Managing Director, Mr Shekhar Ghate and Managing Director Ali Hasbini.     

Kunle Somorin
Chief Press Secretary to Ogun State Governor.
More photos below. 








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