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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LIEUTENANT COLONEL ISAAC ZIDA,NAMED AS BURKINA FASO'S NEW PRIME MINISTER.

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Lieutenant Colonel Yacouba Isaac Zida meets with opposition leaders in Ouagadougou, capital of Burkina Faso, November 2, 2014. REUTERS/Joe Penney                       Four days after Lieutenant Colonel Isaac Zida restored the Burkina Faso's constitution,he was named Prime Minister.Zida declared himself head of state on November 1,after mass protests against President Blaise Compaore who then fled Burkina Faso to another country.The African Union had given Zida two weeks to restore civilian rule or face economic sanctions.Neither Kafando,a former Foreign Minister and Ambassador to the United Nations nor Zida,deputy head of President guard will be allowed to stand in next year's {2015},Presidential election,according to the terms of a transitional charter adopted last week

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