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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EGYPTIAN ARMY,FREES ETHIOPIANS HELD IN LIBYA-PRESIDENT SISI.

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        Today thursday,President Abdel Fattah el-Sisi said Ethiopians who had been kidnapped in Libya arrived at Cairo airport today after Egyptian army forces rescued them.But one Ethiopian in the group,and a Libyan source,appeared to cast doubt on that version of events,saying the men had only been held up by Libyan immigration.The state broadcast gave no details of their identity,the manner of their release or circumstances of detention.Another source claimed that the Egyptian intelligence service,had provide Ligyan authorities with information that helped them free the Ethiopians who had been held by armed groups in the cities of Derna and Misrata.One of the Ethiopians said they had been held by Libyan immigration authorities.''The Libyan government came and took us to the anti illegal immigration body and then the Egyptian government took us from there''.President Sisi further said that ''What happened in Libya is a concern for all of us,and we are saying to the world that Libya should return a safe and stable country for its people and even to its visitors''.

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