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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I REJECTED MIKE ADENUGA’S N10M OFFER FOR MOVIE ROLE EVEN THOUGH I HAD NEVER SEEN N1M- VETERAN ACTOR, CHIWETALU AGU. (PHOTO).

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I Rejected Mike Adenuga’s N10m Offer For Movie Role Even Though I Had Never Seen N1m – Veteran Actor, Chiwetalu Agu

He said: “Chief Mike Adenuga said, ‘what I have for you in this contract is N10 million.’ I have not seen N1 million before when he was pricing me N10 million but I refused. I said, ‘if it’s not N20 million, forget it.’

“He insisted, I insisted. So, I pretend to rise up and said, ‘give me money to go back to Enugu. If there’s any available flight, book it for me let me just quietly go back.’

“They regarded me to now being serious when I rose up. Chief Mike Adenuga said ‘sit down.’ He ordered them to bring documents for signing. They brought and I signed.

“From that moment uhuru dance started. I did it diplomatically in the office. I didn’t want them to know that N20m was a big deal [to me]. But it was the most wonderful thing [to me] at the moment.”

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