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

APC: " THE POLITICALLY MOTIVATED PROTEST IN SAGAMU ".(PHOTOS).#PRESS RELEASE.



Press Statement

For immediate release


20-02-2023


The politically  motivated protest in Sagamu.


Early this morning, a politically  motivated  violent protest took place in Sagamu, during which innocent people were attacked while banks and public infrastructures were destroyed  and razed  down by fire . We were reliably informed that some  disgruntled members of the opposition party, the Peoples Democratic Party (PDP), whose members and some of the party’s candidates were seen leading the demonstration.


While the protests were purportedly against the “scarcity of naira notes”, the real intention of these elements became obvious with the involvement of known PDP members.


It is on record that the campaign tour of the All Progressives Congress (APC), which moved through Simawa to Ogijo and back to Sagamu, where two roads were commissioned yesterday, ended without any hitch. The APC rally  was attended by tens of thousands of people at different locations, lasting from about 8.00 am. in the morning to 8.00pm in the evening without any violence, quarrels, or  disagreements whatsoever.


We believe strongly that it was the success of the APC rally of yesterday that got the feeble opposition PDP frustrated and therefore made their members embark on the mindless destruction of properties.


The Governor of Ogun State, Prince Dapo Abiodun, has been on top of the fallouts of the naira re-design issues. The Governor had  visited the Central Bank headquarters in Abeokuta and some other commercial banks’ branches, made a state broadcast and empathize with the people with a reassurance that efforts are on to ameliorate the negative impacts of the controversial policy on the people. Ogun State is  also one of the states that has taken the Federal Government to court on the naira swap policy. 


Attacks on innocent people and the destruction of private and public properties can not solve the current problem but will rather worsen the situation. Therefore, we must not allow desperate politicians to mislead members of the public and use them as cannons to vent frustration. 


Rather, our people should exercise patience and be law abiding while waiting to cast their votes for the party that has stood by the populace even at this critical period.


Arrests have been made by the police,  who immediately swung into investigation. Ogun State has been acknowledged as one of the most peaceful states in Nigeria; and the government shall not fold its hands and allow the state to be defined by thuggery, violence, and arson. The full wrath of the law will be made to bear on the culprits, no matter who their sponsors are.


E-signed 


Kunle Somorin 

Chief Press Secretary to Governor Dapo Abiodun

More photos below. 








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