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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IF YOU TAKE MORE THAN YOU DESERVE, YOU HAVE STOLEN- ONAIYEKAN. (PHOTO).

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 If You Take More Than You Deserve, You Have Stolen -Onaiyekan

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“It is time for a change. One thing is definitely sure, we cannot continue the way we are going. If we decide to retain the system we have now, it must change the way it is been practiced.


“If the easiest way to change is to change the system, then let’s go ahead and change the system to parliamentary, with all its advantages and disadvantages. My understanding is that the parliamentary system is built in such a way that will not be so easy to steal such humongous sums of money, and misuse of our natural resources legally


“The problem of this nation is that government people are stealing legally, they don’t even feel that they are stealing. According to my own understanding, if you take more than you deserve, you have stolen.’’ -Cardinal John Onaiyekan At Policy Dialogue On New Governance Structure For Nigeria Organized By ASSPT

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