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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HIS LOSS IS AN IMMENSE BLOW TO NIGERIA- GOV. SANWO-OLU. (PHOTO).#PRESS RELEASE.

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I am deeply saddened by the passing of High Chief Raymond Dokpesi, a true titan of the media industry. 


His loss is an immense blow to Nigeria. My heart goes out to his grieving family, as well as the entire AIT and Raypower FM teams. May they find solace and strength in this difficult time.


High Chief Raymond Dokpesi was a trailblazer. His establishment of the first private radio station, Ray Power FM, paved the way for countless privately-owned media outlets in Nigeria. 


His dedication to his profession and job creation in the media sector will be cherished. He leaves behind a legacy of breaking barriers and serving his community.


May his legacy inspire future generations to strive for excellence in the media sector. 


Our thoughts and prayers are with his family, friends and associates during this time of mourning.- Gov. Sanwo-Olu. 

 

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