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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SENEGAL HAS SCRAPPED VISA REQUIREMENTS FOR ALL FOREIGNERS,TO REVIVE THEIR TOURISM SECTOR.

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                    The cost and administrative hassle of visas,couple with the taxes on air tickets,led to the fall in the number of visitors to Senegal.According to Senegal President Macky Sall said yesterday friday that the new measure on visa free travel,will come into effect on May 1st.Taxes on airfares would be cut by half in a bid to make Senegal a more competitively priced destination .It was not clear when the taxes on airfares would be cut,but many hotels along Senegal coastline that was once full of French visitors closed early this tourist season as fears over an Ebola outbreak in neighboring Guinea and nearby Liberia and Sierra Leone came on top of a gradual decline in the industry.Senegal recorded one case of Ebola last year but prevented any further spread.Senegal is looking for a strategic partner to relaunch its indebted state carrier Senegal Airlines ahead of the opening of a new international airport next year as it seeks to become a hub for air travel in West Africa.

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