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

INDIA AND JAPAN SIGNS CIVIL NUCLEAR DEAL TODAY.{PHOTOS}.

Image result for india ,japan sign civil nuclear deal photos                     Today friday India signed a nuclear deal with Japan during the annual bilateral summit held in Tokyo.Sealing the deal was the high point of Prime Minister Narendra Modi's ongoing visit to Japan.The PM issued a media statement describing it as a ''historic step''.The nuclear deal which will help India access Japan's nuclear market,had been under negotiation for six years and was firmed up during the 2015 visit of Prime Minister Shinzo Abe to India when principles of the agreement were frozen.However,the final seal on the text had to wait legislative clearance from Japan.The deal is significant as it will help guarantee Japan's continued support to India's civil nuclear programme.Apart from the Russian reactors,the planned nuclear rectors with France and Us depend on Japaneses parts.That apart,GE,Westinghouse,and Areva,the companies planning reactors in India have important ownership stakes of Japanese companies Hitachi,Toshibi and Mitsubishi ,that were stopped from doing business with India without a final nuclear deal.Negotiation on the deal began in 2010 during the UPA government however the negotiations were stuck on India's non-membership status in non-proliferation treaty {NPT}.However ,friday's  conclusion of the deal made India the first non-NPT signatory to have a civil nuclear deal with Japan.More photos below.
Image result for india ,japan sign civil nuclear deal photosImage result for india ,japan sign civil nuclear deal photos

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