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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BEYONCE GIFTS £8,000 TO NIGERIAN-OWNED RESTAURANT IN LONDON .(PHOTO).

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BEYONCE GIFTS £8,000 TO NIGERIAN-OWNED RESTAURANT IN LONDON 


American singer, Beyoncé Knowles-Carter, has selected a popular Nigerian-owned restaurant in North London as one of ten winners to receive a grant.

According to ITV news on Tuesday, the Black Parade Small Business Impact Luncheon was created by Beyoncé's BeyGood Foundation to "celebrate people, communities, and small businesses impacted by economic inequities worldwide", with Beyoncé committing £806,400 to support businesses.

The restaurant, Chuku's, which is located in Tottenham was selected to receive £8,000 by Beyoncé's foundation.

Emeka Frederick, co-founder of Chuku’s, expressing his happiness said, "This grant couldn’t be more welcome. Chuku’s, like other restaurants that don’t have a financial reserve, has been battered by lockdowns and the cost of living crisis.

"Every day, we’re fighting to stay open to make it to our fourth birthday. This money will make that fight a little easier and allow us to continue celebrating Nigerian culture on Tottenham’s High Road for the time being."

The luncheon was held at the Four Seasons in Tower Hill where over 100 entrepreneurs gathered at the event with the chance to win £806,000 in prizes.


 

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