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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FIRE GUTS ALABA INTERNATIONAL MARKET. (VIDEO/PHOTO).

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Millions Lost As Fire Guts Alaba International Market



May 5, 2023


Traders are currently counting their losses as goods worth millions of naira were Thursday, burnt as the electronics section of the Alaba International Market, Ojo, Lagos State, was gutted by fire.


Information revealed that some of the traders are making personal efforts to put out the raging inferno.


It is still unclear what led to the fire outbreak, but there are reports that the fire started following a gas cylinder explosion in one of the shops in the market.


Confirming the incident, the Lagos State Fire and Rescue Service said that upon getting report of the fire emergency, deployed Fire Crew from Ojo, Sari-Iganmu and Ajegunle, but angry mobs are preventing them from doing their job.


“Report reaching Lagos State Fire and Rescue Service indicates shops at the popular Alaba International Market, Ojo, Lagos are on Fire. However, Fire Crew from Ojo, Sari-Iganmu and Ajegunle are being turned back by angry mobs from performing their statutory duty but fire fighting trucks are presently on standby.


“The agency is consequently collaborating wth Security Agents to address it,” a statement by the Director of the agency, Margaret Adeseye said.

Watch video below. 

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