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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DANGOTE DONATES N1. 5 BILLION TO BORNO FLOOD VICTIMS. (PHOTO).

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 Dangote Donates ₦‎1.5 Billion To Borno Flood Victims


President of Aliko Dangote Group, Alhaji Aliko Dangote, has donated N1.5 billion to victims of the Maiduguri flood disaster.


He made the announcement during an assessment visit to some of the affected locations in Maiduguri.Accompanied by Governor Abdullahi Sule of Nasarawa state, Dangote said out the amount, N1 billion was given to National Emergency Management Agency (NEMA) to work with the Borno State government.


“I just want to clarify, we have this flood committee. NEMA wrote us a letter; so we sat down and approved N1 billion to NEMA to work with the Borno State government. On top of that, the Aliko Dangote Foundation will put additional N500 millions so that’s #1.5 billion. Thank you,” he said.


Earlier, Gov Sule also announced the donation of unspecified number of trucks of relief materials to support the Borno state government.


Responding, Governor Babagana Zulum praised them for generosity and love towards the people of Borno.


“Not everyone that has money has the heart of giving, Aliko Dangote has been helping our people, this is not first time. I pray that Allah will reward you with Aljannah.”


“I would like to thank my brother, Gov Abdullahi Sule, who came along with Aliko Dangote to visit us at this trying moment.”

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