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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115 MEMBERS OF PARLIAMENT IN SOMALIA,SIGNED A VOTE OF NO CONFIDENCE TO IMPEACH THEIR PRESIDENT.

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                Yesterday wednesday evening,a 9 page motion was handed over to the Speaker of Parliament by a group of Parliamentarians after meeting the requirements of the numbers of MPs to table in a motion.The motion is a vote of no confidence in President of Somalia,Hassan Sheikh Mohamoud,accusing him of violating the constitution.The no confidence motion was signed by a total of 115 MPs.Somalia Legislator have accused the President of rampant corruption,political nepotism and incompetence since he came to power in 2006.MP Abdi Hosh said ''We have been preparing this motion for the last six months and we believe that there is no other way of solving what is going on in the Presidential office''.Impeaching the president would require the submission of a notice signed by not less than one third of the Parliament eligible to vote to the Speaker of Parliament for the process to get underway.But obtaining the minimum number of 125 signature will be a massive boost for the MPs.

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