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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A NEW DRUG TESTED ON HUMANS IN FRANCE,LEFT 1 PERSON BRAIN DEAD AND OTHERS HOSPITALISED TODAY.

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                    According to French Health Minister Marisol Touraine said today friday that one person has been left brain dead and five others have been hospitalised after taking part in a clinical trial in France of an experimental drug made by Portuguese drug company Bial,In total,90 people have taken part in the trial,taking some dosage of the drug aimed at tackling mood and anxiety issues,as well as movement coordination disorders linked to neurology issues.The six men aged 28 to 49 had been in good health until taking the oral medication at the Biotrial private facility that specialises in clinical trials.The minister said in a conference after meeting volunteers and their families in Rennes''This is unprecedented.We'll do everything to understand what happened''.Prosecutors have opened an investigation into the case.The six men started taking the drug on January 7.The brain dead volunteer was admitted to a hospital on monday,the minister said.For three of the five others who went in on wednesday and thursday there are fears of irreversible handicap,doctor Gilles Edan said,though he still hoped that would not be the case.One of the six had symptoms but was being carefully monitored.One more photo below.                                                                                                                 

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