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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MEET NIGERIAN BUSINESSMAN WHO OWNS A FOOTBALL CLUB IN PORTUGAL. (PHOTO).

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Meet Nigerian businessman who owns a football club in Portugal


Not everyone will know him but his name will ring a bell in the ears of sports lovers.

Kunle Soname is a Nigerian politician, entrepreneur, sports enthusiast and chairman of Bet9ja, a betting website he founded in 2013.


He is the first Nigerian to acquire a European club C.D. Feirense which he bought in 2015.


Remo Stars Football Club previously known as FC DENDER was founded by Soname in 2004.


The club relocated from Lagos State to the Remo area of Ogun State and is playing in the Nigerian Premier League’s Top Division.


He is the founder of the private Nigerian airline ValueJet.


Soname studied Estate Management at Obafemi Awolowo University where he graduated in 1988.


He ventured into politics in 2003 and was elected as the Executive Chairman of Ikosi-isheri Local Council a post he held till 2011.


In 2022, he was inducted as a patron at the University of Lagos for his philanthropic activities.


Soname is married to Kemi Soname and they have a daughter Erioluwa.

 

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