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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GUY SCOTT,BECOMES ZAMBIA'S /AFRICA'S FIRST WHITE PRESIDENT IN 20 YEARS.

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Zambia's Vice President Guy Scott (L) listens as U.S. President Barack Obama (not pictured) speaks, at the first Leaders' Session of the U.S.-Africa Leaders Summit, at the State Department in Washington, in this August 6, 2014 file picture. REUTERS-Larry Downing-Files                  70  year old Guy Scott becomes Africa first white head of state in 20 years today wednesday after the president of Zambia Michael Sata {king cobra}died in London hospital aged 77.Guy Scott,is a Cambridge educated economist born to Scottish parents,had been Michael Sata's Vice President .He will be interim leader until an election in three months,making him the first white Africa leader since South Africa's F.W de Klerk lost to Nelson Mandela in the 1994 election that ended apartheid.Guy Scott is ineligible to run for the presidency in the election because of citizenship restrictions leaving Defense minister Edgar Lungu and Finance Minister Alexander Chikwanda the most likely contenders for the ruling patriotic frount party's ticket.According to Guy Scott,he said ''Election for the office of president will take place within 90 days.In the interim,i am acting president.The period of National mourning will start today.We will miss our beloved president and comrade''.More pictures below.                                                                                                   Zambia's President Michael Chilufya Sata waits to address the 68th session of the United Nations General Assembly at the U.N. headquarters in New York, September 24, 2013. REUTERS-Ray StubblebineA man walks past the King Edward VII Hospital, in central London October 29, 2014. REUTERS-Peter NichollsZambia's President Michael Chilufya Sata addresses the 68th United Nations General Assembly at the UN headquarters in New York, in this September 24,2013 file picture. REUTERS-Justin Lane-Pool-Files

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