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

PORT HARCOURT: FIRE DESTROYS GOODS AND PROPERTIES WORTH MILLIONS OF NAIRA AT OJOTO MARKET,AZIKIWE STREET. (PHOTO).


PORT HARCOURT: Fire destroys goods and properties worth millions of naira at Ojoto market, Azikiwe street

Fire has destroyed goods and properties worth millions of naira at Ojoto Market, Azikiwe Street in the Mile 2 axis of Diobu, Port Harcourt.

According to eyewitnesses who spoke to correspondent said the fire started from an electric spark in a shop after power was restored at the market at about 9:15 yesterday night.

The witnesses also emphasised that the presence of diesel and other petroleum products that were stored in the market for sale ignited the fire.

Our correspondent reports that the angry youths chased away the operatives of fire service who arrived around 10:42pm, almost 90 minutes after the fire  started.

The crowd were angry that the firemen allegedly showed up late, since men and youths of the community had already gone far in putting off the fire. 

Our correspondent also reports that the presence of the personnel of Azikiwe Police Division prevented hoodlums from stealung goods and properties recovered from the shops.



 

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