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

ZIMBABWE OPPOSITION RE-UNITED YESTERDAY TO UNSEAT PRESIDENT MUGABE.

Image result for mugabe              Zimbabwe’s main opposition leader Morgan Tsvangirai on Saturday reunited with his former allies to agree a pre-election pact to challenge President Robert Mugabe’s near four-decade hold on power at the polls next year.
Mugabe, 93, has ruled the former British colony since independence in 1980.Tsvangirai’s Movement for Democratic Change (MDC) has been the main threat to Mugabe since its formation in 1999 but has been weakened by splits, in 2005 and 2014, mainly over strategy.On Saturday, Welshman Ncube, who led a break-away MDC faction in 2004 and Tendai Biti, who left the main opposition in 2014, signed a pact that would see them fielding parliamentary candidates in some constituencies under the MDC Alliance banner and would support Tsvangirai’s fourth bid for the presidency.Ncube and Biti are founding MDC members who both held the position of secretary general and served as cabinet ministers in a unity government with Mugabe’s ZANU-PF until a crushing defeat in the 2013 election.Two other smaller political parties led by a former army general and Mugabe ally Agrippa Mutambara and Jacob Ngarivhume are part of the election alliance that was signed in Highfield township in the capital Harare.“We are saying today, this convergence is not just about political parties. It is to stop fragmentation. Mugabe has no excuse to rig if we are united,” Tsvangirai told supporters after the signing ceremony.Biti added: “We owe it to the thousands of Zimbabweans to make sure that in our lifetime we can remove the beast called ZANU-PF.”The opposition accuse Mugabe of rigging his way to victory in previous elections and say he has used political violence and the state security apparatus to maintain his hold on power. Mugabe denies the claims.The president plans to contest next year’s vote, his last under the constitution, and will be 99 if he wins and finishes the five-year term.An election pact signed in April between Tsvangirai and Joice Mujuru, who was Mugabe’s vice president for a decade until she was fired in 2014, was on the verge of collapse, mainly over leadership of the alliance, officials from both camps have said.
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