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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ALABA MARKET DEMOLITION: TECHNICAL COMMITTEE MEETS.(PHOTO).#PRESS RELEASE

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The Technical Committee set up by the Lagos State Governor, Mr. Babajide Sanwo-Olu to look into the issue of demolition of some critically distressed buildings at Alaba International Market in Ojo area of the State, had its inaugural meeting on Tuesday at Lagos State Building Control Agency’s (LASBCA) Headquarters, Ikeja, GRA.



According to the Permanent Secretary, Lagos State Ministry of Physical Planning and Urban Development (MPP&UD), Engr. Oluwole Sotire, the committee was set up to look into the demolition carried out by the government and proffer lasting solutions on the way forward that will be beneficial to both traders and the State Government.

While briefing the committee members about the Terms of Reference (ToR) for the task, Engr. Sotire emphasised that the State Government is interested in the financial prosperity of all Lagosians as well as the safety of lives and properties, saying that all hands must be on deck to ensure that things are properly done.



The General Manager of LASBCA, Arc. Gbolahan Owodunni Oki, who is also a member of the committee reiterated the Agency’s readiness to work with other members of the committee to deliver on the Terms of Reference. 

Another member of the committee, Mazi Samuel Ohuabunwa, an elder and a member of Igbo Businessmen in Nigeria, commended the efforts of the State Government for initiating the committee which he believes would help douse tension amongst the Igbos in the State and also look at various ways of addressing the issue of distressed structures.



On his part, the President General, Comrade Chinedu Ukatu affirmed that all parties would abide by the recommendation of the committee. He further applauded the Governor, Mr. Babajide Sanwo-Olu, for setting up the technical committee, noting that it would strengthen the ties between the Ndigbos and their host community.

The meeting also had in attendance, the General Manager, Lagos State Physical Planning Permit Authority (LASPPPA), Tpl. Kehinde Oshinaike, General Obi Umahi (Rtd.), Mr. Chris O. Maduka and Prince Tony Nwaku.

 

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