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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ALL ORIGINAL ASSETS OF ALVAN IKOKU FEDERAL UNIVERSITY OF EDUCATION (AIFUE) BE RETURNED - GOVERNOR UZODIMMA ORDERS.(PHOTOS).#PRESS RELEASE

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ALL ORIGINAL ASSETS OF ALVAN IKOKU FEDERAL UNIVERSITY OF EDUCATION (AIFUE) BE RETURNED - GOVERNOR UZODIMMA ORDERS 


The Imo State Governor, His Excellency, Distinguished Senator Hope Uzodimma has instructed that all original assets of Alvan Ikoku Federal University of Education (AIFUE) be returned to the institution. 

This decision comes after the members of Alvan Ikoku Federal University of Education (AIFUE) Lands Recovery's recommendation to restore the assets in line with the institution's new status. 

He commended members of the committee for their painstaking contributions in arriving at the report and recommendations. 

The Governor reiterated his administration's commitment to the implementation of the 3R Mantra, Reconstruction, Rehabilitation, and Recovery for the well-being of Ndi Imo, the development of the State, and the Recovery of the commonwealth stolen by inconsiderate politicians. 

Speaking earlier, the Chairman of the Committee, Professor Vitalis Orikeze Ajumbe, disclosed that past administrations demolished 101 buildings belonging to the staff of the college and confiscated their properties. 

He further recommends the recovery of all the lands belonging to AIFUE, with the institution taking full possession of the vacated property and the institution compensating the original landowners, the Orji indigenes while the Army vacates the shanties erected in the land.
 More photos below. 




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