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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JAMAICA WANT TO START BUYING CARS FROM INNOSON. (PHOTOS).

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Jamaica has said that it wants to buy cars from Innoson Vehicles Manufacturing.


Esmond Reid, the Jamaican High Commissioner to Nigeria, talked about this plan on Saturday during a tour of the IVM plant in Nnewi, Anambra State.


He said, “For us, it’s a great chance to see cars being made here in Nigeria, which is one of our southern brothers.


“It is also a chance to be able to discuss commercial opportunities for sourcing vehicles from Nigeria.


“This is my first visit. I will go and consult with my stakeholders back home to look at the timeline and determine the negotiations and engagements and when we will start the business of sourcing the vehicles.”


One more photo below. 


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