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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"MY SON, MARQUISE JACKSON, IS 25 YEARS OLD AND STILL EXPECTS FINANCIAL SUPPORT"- 50 CENT. (PHOTO).

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 "My son, Marquise Jackson, is 25 years old and still expects financial support. I currently give him $6,800 every month, but he says it’s not enough.

Success cost me my relationship with Marquise. But at his age, isn’t it concerning that he’s still asking for child support? I give him about $81,000 a year because he doesn’t want to work. Marquise seems to think that just because he’s 50 Cent’s son, he doesn’t need to put in any effort. He feels entitled to a salary simply for being my son, but that’s not how life works. I once offered to set up a business for him that could generate at least $1 million a month, but he turned it down. His mentality of 'my dad’s money is mine' isn’t right. I keep talking about this publicly, hoping it will make him rethink and start working. No matter how wealthy you are, never let your children feel entitled to your money."- 50 Cent.

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