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
The President of Namibia Hage Geingob,made the pledge on saturday when he addressed the ruling Swapo Party rally in Windhoek where he officially launched the party's campaign for next month's regional and local authorities elections.President Hage Geingob was heard saying to his supporters who gathered at the Katutura Multi-purpose centre that ''I am ready to set aside 20 percent of my salary in order to set up a scolarship fund for impoverished children''.President Hage Geingob earns about 2 million Namibian dollars {about 76,000 U.S dollars} per year and this means he will give away about 400,000 Namibian dollars {30,580 U.S dollars}.From research,it was discovered that the Namibian government has made poverty eradication a special focus,so they created a whole ministry for it ''Poverty Eradication and Social Welfare''.One more photo below. 
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