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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STATE HOUSE STATEMENT ON PRESIDENTIAL TERM LIMITS.{PHOTO}.#PRESS RELEASE.

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     The Presidency wishes to correct internet-based gossip and un-informed media commentary regarding presidential term limits, given credence by so-called support groups, staging street demonstrations asking President Muhammadu Buhari to do a third term.
There are no circumstances – nor set of circumstances – under which President Buhari may seek to amend the Constitution regarding the two-term term limit on holding office as President.
President Buhari intends to serve his full second elected term in office, ending 2023 – and then there shall be a general election in which he will not be a candidate.
There is not even the faintest possibility that this will change.
It is important to note that there was a past attempt to change the Constitution to allow for the-then incumbent president to stand for a third term. That attempt was wrong, unconstitutional - and rightly rebuffed. No such attempt will happen under this President.
President Buhari is a democrat. He respects the Constitution. Any activity aimed at altering the two-term limit will not succeed and shall never have his time nor support.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
October 1, 2019.
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