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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FIRE GUTS ABUJA MARKET, RAZES 40 SHOPS. (PHOTO).

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 Fire guts Abuja market, razes 40 shops


A section of the popular Kaura Market, located opposite the Prince and Princess Estate in the Kaura District of Abuja, was gutted by fire on Friday night.


The fire, which reportedly started at about 11 pm on Friday, razed approximately 40 shops. The immediate cause of the fire has yet to be determined.


Our correspondent could not confirm the details of the incident at the time of filing this report, as neither the Spokesperson for the FCT Fire Service, Ibrahim Muhammad, nor the Acting Director, Amiola Adebayo, could be reached via telephone.


Meanwhile, the Spokesperson for the FCT Emergency Management Department, Nkechi Isa, could not immediately confirm the incident but promised to provide an update shortly.


However, some reports claim that traders lamented the late arrival of the FCT Fire Service, which resulted in the spread of the fire, causing significant losses.

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