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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BEIJING TO HOST 2022 WINTER OLYMPIC.

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                  Beijing has won the battle to host the 2022 winter Olympics after the Chinese president,Xi Jinping,made a last minute to lay on a fantastic extraordinary and excellent event.Beijing defeated its rival Almaty in Kazakhstan by 44 votes to 40,with one IOC member abstaining.International Olympic committee delegates handed the 2022 Olympic and Paralympic events to Beijing today after following a secret ballot in Kuala Lumpur,Malaysia.Beijing bid committee said in a statement  that ''We are honoured and humbled by the International Olympic committee's decision to award Bejing the 2022 Olympic and Paralympic Winter Games.It is with an incredible sense of excitement that we express our thanks to the IOC and the wider Olympic movement.Just as with the Beijing 2008 Summer Games,the Olympic family has put its faith in Beijing again to deliver the athlete centred,sustainable and economical Games we have promised.This will be a memorable event at the foot of the Great wall for the whole Olympic family,the athletes and the spectators that will further enhance the tremendous potential to grow winter sports in our country,in Asia and around the world.We would like to congratulate Almaty 2022 for their campaign.We wish to thank once again all the Chinese people and people around the world who have supported Beijing 2022 in this extraordinary bid journey''.More photos below.                                                                                                                           

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