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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FROM NEXT MONTH,AFRICAN UNION WILL START ISSUING THE NEW E-PASSPORT.

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                     According to sources,the African Union will be launching the electronic passport next month in Kigali Rwanda.The project that dates back to 2014 and is part of Africa's agenda of 2063.The project will facilitate free movement of persons,goods and services across Africa fostering intra-Africa trade,integration and socioo-economic development.The outgoing chairperson of the African Union Commission,Dr Nkosazana Dlamini Zuma,has termed the project as symbolic and significant.She further said that it is a steady step towards the objective creation of a strong,prosperous and integrated Africa,driven by its citizens and capable of taking its rightful place in the world stage.Initially the e-passport will be used by the African Union Heads of State and government,foreign affairs ministers and the permanent representatives of the African Union member states.The AU E-passports will be issued to this group of people in the up coming 27th African Union summit in Kigali.Some African countries such as Seychelles,Mauritius,Rwanda and Ghana have taken the lead in ensuring easy access across Africa by relaxing Visa restrictions and in some cases lifting visa requirements altogether for Africans.Africa is expected to have realised visa free travel by 2020.

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