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. SANWO-OLU VISITED DOSUNMU MARKET FIRE SITE. (PHOTOS). #PRESS RELEASE.

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 Dear Lagosians, following the tragic fire at Dosunmu Market, I visited the site to assess the damage and meet with affected individuals. The fire, a result of mishandling flammable materials, led to significant loss. We have initiated a full investigation to determine the cause and implement stricter safety protocols. 


I am disappointed with the conversion of residential buildings into storage for hazardous materials. This practice contributed to the rapid spread of the fire and must end. We will hold accountable those who flout our building and safety standards.


In our meeting with victims and stakeholders, we discussed both immediate and long-term support measures. An integrity test on standing structures is now mandatory, and Dosunmu Market will remain closed until we can ensure the safety of all structures and compliance with regulations. Unapproved buildings will be demolished. Our commitment to safety and order in our markets is unwavering. 

The Ministry of Physical Planning will intensify its efforts to enforce building codes and prevent misuse of residential properties. We cannot overlook the safety of our citizens. 


I assure all affected that we are exploring every avenue to assist you and prevent future incidents. The tragedy at Dosunmu Market must prompt us to adhere more strictly to safety standards.- Gov. Sanwo-Olu. 

More photos below. 









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