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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THE UNITED STATES SWORE IN FIRST AMBASSADOR TO SOMALIA YESTERDAY,AFTER 25 YEARS.{PHOTOS}.

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                 According to sources,the United State swore in Ambassador Step Schwartz to take up office in Somalia after half a century.58 years old Schwartz replaces the last ambassador James Bishop,who vacated the US embassy in Somalia when they came under threat more than two decades ago.Schwartz has served as the deputy chief of mission in Zambia.James K Bishop,he U.S ambassador who fled with the rest of the embassy staff a quarter-century ago said ''It will not be easy,Alshabaab remains a threat,obviously and the economic problem remain to be solved''.US pulled it diplomatic mission in Somalia in 1993 after militia men shot down a US military helicopter that claimed the lives of 18 soldiers.More photos below.                                                                                       

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