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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PETER OBI INSPIRED ME TO START MAKING SUVs,PICK-UP VANS- CHAIRMAN,INNOSON GROUP.(PHOTO).

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Obi Inspired Me To Start Making SUVs, Pick-Up Vans ― Chairman, Innoson Group.

Mr. Peter Obi placed orders for 500 SUVs, 700 buses, and 500 pick-up vans and that helped us a lot because he does not owe, he even paid us in advance.”

“Even when there were several criticisms that the vehicles might not be durable, he squashed the thought and charged me to prove them wrong with the production.”

“Honestly, it was a breakthrough for me in the business, that piloted me to the vehicle manufacturing market as more kinds of vehicles have been manufactured thereafter"

Sen. Yusuf Datti AhmedSen. Yusuf Datti Ahmed

 

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