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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LASG TO HOLD GROUNDBREAKING OF $100M LAGOS FILM CITY ON WEDNESDAY .(PHOTO).#PRESS RELEASE

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All is set for the construction of the Lagos Film City – one of the Legacy Projects of the Governor Babajide Sanwo-Olu administration. 

The groundbreaking of the N100m project has been scheduled for Wednesday in Ikosi Ejinrin, Lagos East Senatorial District.

Commissioner for Tourism, Arts and Culture, Mrs. Toke Benson-Awoyinka broke the news at the weekend, saying the approval for the groundbreaking shows that Lagos will witness bigger projects in Mr. Sanwo-Olu’s second term. 
The proposed Lagos Film City, which promises to be the biggest in Africa, will sit on 100 hectares of land. It will be a major boost for the creative industry, which has the potential to offer jobs to thousands of our youths. The project will be financed by Private Public Partnership (PPP).

“It will serve as an all-in-one facility – with leisure, entertainment, and learning infrastructure. It will also have accommodations and numerous state-of-the-art studios to support television, radio and film, ranging from pre-production, production, post-production and distribution, among others.
Benson-Awoyinka averred that the Lagos State Government is committed to investing in this project, which is kicking off with the groundbreaking event, under the supervision of the Ministry of Tourism Arts And Culture.

She noted that the Lagos Film City is poised to make Lagos state even more prosperous and unique, adding that the state government will not rest on its oars of past achievements but will instead make the tourism and entertainment industry more vibrant.
The Lagos Film City project, alongside the creative training partnership initiatives of the state government with the likes of EbonyLife Academy, Delyork, and Ogidi Studios, among others, will make Lagos State remain a force to reckon with in the entertainment and creative industry across the globe.

Gbenga Omotoso
Commissioner, Information and Strategy

 

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