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

SPAIN SWORN IN A NEW KING,FELIPE VI,TODAY.

Public display: As Leonor (left) and Sofia (right) waved to the thousands gathered outside the royal palace, their parents embraced one another               It was a low key ceremony that monarchists hope will usher a new era in their troubled royal household.Felipe VI,has taken to the throne after his father Juan Carlos tearfully signed his abdication papers at midnight last night following a 36 year reign.The new monarch,his wife Letizia and their two daughters Leonor,eight years old and Sofia,seven years old were ferried through Madrid in a low key affair after a brief military parade to their first official engagement.The crowd was banned from protesting and thousand's of football fans are today mourning Spain's premature exist from world cup.More photos below.                           In awe: Felipe and Letizia grinned at their daughters eight-year-old Leonor, left, and seven-year-old Sofia, right, as they looked starstruck by the whole affairHandover: This morning, Juan Carlos and his son Felipe stood side-by-side in the Zarzuela Palace of Madrid in front of their family before the red sash was passed onPrince Felipe, crowned as Felipe VI of Spain, and Queen Letizia,  arrive to Spanish parliament in Madrid accompanied by daughters Princess Leonor and Princess SofiaOath: The new 46-year-old king swore an oath promising to uphold the constitution before calling for a 'new Spain that we can build together'Honoured: To complete the ceremony, the family stood outside parliament on a red-carpeted podium to her the national anthemStatesman-like: Felipe looked every inch a king as he cruised through sunny Madrid in a Rolls Royce, waving at his peoplePatriotic: Despite having just crashed out of the World Cup in the first round, Spaniards held their flags with pride and banners saying 'Long live King Felipe VI!'Austerity: Determined to maintain the country's era of austerity, as one in three Spaniards remains unemployed, the family have opted for a low-key ceremony

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