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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HALF OF MALAWI,DECLARED A DISASTER ZONE BY THEIR PRESIDENT,AFTER 48 PEOPLE DIED IN THE FLOOD.

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               Malawi's Department of Meteorological Service has warned of heavy rainfall and flash floods in the country for the next two to three weeks.Their president Peter Mutharika said ''So far it is estimated that 69,9995 people have been displaced by the floods and 48 people have lost their lives.The floods have also damaged a lot of hectares of crops,washed away livestocks and damaged infrastructure,such as roads and brides.Many people remained stranded and would need to be rescued from low-lying areas prone to flooding.I declared all the 15 districts that have been affected by floods Disaster Areas......I appeal for humanitarian assistance,from the international donor community''.More photos below.                                       

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