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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MACHAR ACCUSED SOUTH SUDAN GOVERNMENT,OF TRYING TO BREAK THE CEASE FIRE AGREEMENT.

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               Today monday,South Sudan's rebel leader Riek Machar accused government forces of repeatedly breaking a ceasefire and putting at risk the peace deal that was signed.President Salva Kiir who signed the peace pact on wednesday also complained about the rebels attack.The U.N Security Council has warned both sides that it could impose sanctions if the deal collapses.Machar who spoke with Reuters in an interview in Ethiopian capital of Addis Ababa said ''There is danger that is looming that could wreck this peace agreement now.We believe that this is an act that is a serious violation to the ceasefire because what it does is provoke our troops that are in control of these areas''.Machar is expected to become first vice president during a three year transitional period envisaged by the peace deal that aims to end the 20 months of conflict.

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