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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NIGERIAN MAN OFFERS N4.6M FOR OLD PRESSING IRON. (PHOTO).

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Nigerian man offers N4.6 million for old pressing iron

May 12, 2023
    
A Nigerian man named Olakanmie, who is described as a businessman, has made an interesting offer to anyone who can sell an old pressing iron to him. According to a video he shared on his TikTok page, Olakanmie is willing to pay N4.6 million to anyone who can provide him with an old pressing iron that possesses a particular attribute. In the video, he demonstrated the attribute he is interested in by using a magnetic coin to test several old pressing irons. The coin got stuck on the body of the iron, indicating that the iron has magnetic properties. Olakanmie is not only interested in any old pressing iron, but specifically one that can easily attract magnetic objects.

In the video, Olakanmie can be heard offering N4.6 million to anyone who can provide the specific type of old pressing iron that he is looking for. He also provided his WhatsApp contact number for anyone who wants to contact him about selling the iron. In the caption of the video, Olakanmie used hashtags such as #oldendays, #tiktok, and #tik_tok.

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