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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ONE OF SOUTH AFRICAN UNIVERSITY ''WITS'',TO STAY CLOSED AS THE PROTEST CONTINUES TOMORROW.

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                       The University of the Witwaterand in Johannesburg said today sunday that it will remain closed tomorrow  as student protests are set to continue despite a pledge by South African President Jacob Zuma that university fees will not be hiked next year.Protests against tuition increases started at the university,known as ''Wits'',almost two weeks ago and spread to other campuses nationwide.A spokeswoman for Wits confirmed that the university would remain shut.The school'd Senate will meet tomorrow monday to decide when to resume classes.The university said in a statement that ''Our students have decided to continue with their protest.We are disappointed at their decision,as we feel that it will put in jeopardy the academic futures of many students who will not be able to pass or graduate.This will only further entrench and deepen the inequalities in our society''.One more photo below.                                           

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