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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GOV. ABIODUN: CNG BUSES'LL REVOLUTIONIZE TRANSPORT SECTOR. (PHOTOS).#PRESS RELEASE

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Abiodun: CNG buses'll revolutionize transport sector


Ogun State Governor, Prince Dapo Abiodun has said the introduction of Compressed Natural Gas (CNG) Mass Transit Buses in the country will revolutionize the entire transport sector and reduce the hardship being experienced by Nigerians as a result of the recent removal of fuel subsidy by the federal government.


The state on Monday unveiled the first set of Compressed Natural Gas (CNG) Mass Transit Buses in the country with a promise by Governor Abiodun to expand the scope of the scheme's operation throughout the state.


The 17 converted vehicles in the maiden scheme became the first in the country in response to the recent removal of fuel subsidy by the Federal Government, with the deployment of CNG Technology and E- Mobility as a better alternative and viable means of  transportation in the Gateway State


Governor Abiodun, while speaking at the launching, said the initiative was conceived even before the fuel subsidy removal as his administration was desirous of a cost-effective transportation system with little impact on the environment. 


"The initiative was clearly anticipated because we knew that the regulation of the downstream sector was eminent and unavoidable. 


"This has become very imperative considering the urgent need to provide a cleaner environment and to mitigate the effects of climate change which we are all seeing to be real and which principally is caused by the use of fossil fuel, predominantly diesel and petrol.


"As your governor, I am extremely delighted that we are able to commence the implementation of this laudable initiative and I am bold to say that we come tops yet again as the first state in the country to record this feat which is another successful Public Private sector partnership with our partner called Spiro, a company that has successfully deplored this in other parts of the West Africa sub-region," the governor said.

More photos below. 










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