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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FOUR DEAD, MANY INJURED IN OYO ROAD CRASH.(PHOTO).

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 FOUR DEAD, MANY INJURED IN OYO ROAD CRASH



No fewer than four persons have been confirmed dead, while many others sustained varying degrees of injuries, in a road accident which occurred on the Ibadan-Oyo Expressway in Afijio Local Government Area of Oyo State on Saturday.


According to reports, the driver of the 18-passenger white Toyota Hummer bus with number plate Lagos JJJ 941 XA, took off at the popular Akinyele market in Akinyele Local Government, Ibadan, before he suffered a tyre burst and lost control.


The Atiba Unit Commander of Federal Road Safety Corp (FRSC), DCC Bayode Olugbesan noted that the accident was caused by overspeeding and overloading.

He said twenty people were involved in the accident but only four were confirmed dead by doctors after taking them to State Hospital, Oyo.


“All the victims are male and their destination is North, the cause of the crash was overspeeding and overloading, the bus was supposed to carry 14 passengers but was loaded with 20 passengers”, he stated.

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