LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
Today tuesday,Rwanda lawmakers backed a motion to let President Paul Kagame,to run fora third term in office,paving the way fora referendum to amen the constitution.Rwanda's President whose ruling party has controlled the country for the last decade,has not directly said he wants to run again.But he has said he is open to persuasion that the two term limit in the constitution needed to be changed,and a petition to that effect has collected 3.8 million signatures.Members of parliament voted unanimously to back the petition,said Speaker Donatille Mukabalisa,adding that a referendum would be called on whether to amend the constitution.''We've started the process to the referendum.We should't delay the process''.Sppouters of the petition saidKagame was the right person to lead their country.The petitioners hail president Kagame for having stopped the genocide and bringing quick economic recovery.
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