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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116 PEOPLE FLYING AIR ALGERIE FROM BURKINA FASO,MAY HAVE CRASHED.

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A Swiftair MD-83 airplane is seen in this undated photo. Authorities have lost contact with an Air Algerie flight en route from Ouagadougou in Burkina Faso to Algiers with 110 passengers on board, Algeria's APS state news agency and a Spanish airline company said on Thursday. REUTERS/Xavier Larrosa           According to Algeria ASP state news and a Spanish Airline company Swiftair said today thursday that authorities have lost contact with an Air Algeria flight en route from Ouagadougou in Burkina Faso to Algerie with 116 passengers on board.Flight AH 5017 lost contact after it took off and there is now confusion about the fate of the flight and where it might be.The company Swiftair posted on it's website that the aircraft took off from Burkina Faso at 0117 GMT {2117ET} and was supposed to land in Algerie at 0510 GMT but never reached it's destination.The rate at which planes are disappearing and crashing is becoming alarming.

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