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

THE AFRICAN CUP OF NATIONS WILL NO LONGER HOLD IN MOROCCO-CAF.

                   Morocco has been disqualified from hosting the African Cup of Nation,as announced by the Confederation of African Football {CAF} yesterday tuesday.CAF,refused a request from the Moroccan government to post pone the tournament early next year because of fears over Ebola virus.CAF said it had received some applications to replace Morocco but did not say where the JAN-17 FEB 8 tournament could now be held.''Having firmly and unanimously notified on November 3,its decision to keep the competition on the dates indicated the executive committee confirmed that the Orange Africa Cup of Nations 2015 will not take place in Morocco.The CAF executive committee has decided that the National team of Mrocco is automatically disqualified and will not take part in the 30th Orange Africa Cup of Nations in 2015''.

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