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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4 MISSING,9 RESCUED AS BOAT CAPSIZES IN CALABAR. (PHOTO).

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4 missing, 9 rescued as boat capsizes in Calabar


No fewer than four persons have reportedly gone missing in Cross River following a boat mishap that occurred on Saturday afternoon along the Calabar waterways.


It was gathered that the boat, with about 13 persons on board, was heading to Oron in Akwa Ibom State before the tragic incident occured very close to the Marina Resort.


About nine of the boat passengers have been rescued.


In a video made available to us through our correspondent, many of the victims could be seen floating around Marina resort, Calabar, as onlookers scream for rescuers.


A security source, who pleaded anonymity, told our correspondent that the Navy Command played a vital role in the rescue of nine persons among the victims.


The source said: “The Navy partook in the rescue mission; we have rescued some of them.


“I can’t give you the exact position of the boat because we only rushed for the rescue mission.


“But am sure the Command will soon release a statement to this effect,” he stated.



 

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