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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U.S TO LAUNCH ANTI MILITANT TV STATION IN NORTHERN NIGERIA.

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                  The United States is financing a new 24 hour satelite TV channel in northern Nigeria meant to counter insurgencies by the militant Boko Haram and other groups in the region.A U.S official confirmed the project was under way but didn't give full details.The official said the United States would ''support Nigeria efforts to provide an attractive alternative to the messaging of violent extremists''.The project is a result of discussions with Nigeria dating back to late 2012 on ways to cooperate against Boko Haram and the content of the channel will be produced by Nigerians in Nigeria.                                                                                             

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