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

THE U.S,IS DEEPLY DISAPPOINTED BY RWANDA PRESIDENT'S 3RD TERM NEW YEAR ANNOUNCEMENT

                   According to reuters,the United States is deeply disappointed by Rwandan President Paul Kagame's New Year's announcement that he would seek a third term in 2017.Kagame,who has been president since 2000,has effectively been in control since his rebel force marched into Kigali to end the 1994 genocide.He had been limited to two terms,but Rwanda approved constitutional changes last year that would allow him to stay in power until 2034,if he wins elections.John Kirby,a spokesman for the U.S  State Department,said in a statement late yesterday saturday that ''The United States is deeply disappointed that President Paul Kagame has announced his intention to run for a third term in office''.The United States is a major donor too Rwanda and provides military aid.It has long praised Kagame for transforming the nation since the genocide.One more photo below.                                         

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