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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BURKINA FASO PRESIDENT BLAISE COMPAORE,RESIGNS TODAY AFTER YESTERDAY'S PROTEST.

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                 Today friday Burkina Faso's president Blaise Compaore announced his resignation in a statement today and called for a 90 day transition to free and transparent elections in the country.''I declare a vacancy of power with a view to allowing a transition that should finish with free and tansparent elections in a maximum period of 90 days''.Lieutenant Colonel Isaac Zida of the presidential guard had earlier announced Compaore's departure in the Central Place de la Nation in Burkina Faso's capital Ouagadougou to cheering from tens of thousands of protesters.Huge crowds had gathered to demand the presidents resignation after a day of violent protests yesterday thusday.Eye witnesses claimed that they saw President Compaore travelling out of the country towards the Southern town of Po near the border with Ghana.More pictures below.                   An army spokesman speaks to anti-government protesters outside military headquarters in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneyAn army spokesman speaks to anti-government protesters outside the military headquarters in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneyAnti-government protesters take over the parliament building in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneyAnti-government protesters take over the state TV podium in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneySoldiers attempt to stop anti-government protesters from entering the parliament building in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneyAnti-government protesters enter the parliament building in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneyA man watches cars burn at a hotel where members of the parliament were said to be staying in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneyRiot police arrest an anti-government protester in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneyPeople load goods looted from a building, which according to locals, belongs to Francois Compaore, the younger brother of Burkina Faso's President Blaise Compaore, in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe PenneyAnti-government protesters set fire to the parliament building in Ouagadougou, capital of Burkina Faso, October 30, 2014. REUTERS-Joe Penney

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