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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AKINWUMI ADESINA BEGINS FIVE-YEAR SECOND TERM TODAY AT AfDB .{PHOTOS}.

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 Akinwumi Adesina Sworn-In for Second Term as AfDB President | Business Post Nigeria

      Dr. Akinwumi Adesina, re-elected president of the African Development Bank, will be sworn-in today to begin a second term of five-years.

The virtual ceremony will start at 9am GMT.
A statement by the bank said the swearing in ceremony will be attended by Heads of States, Governors and external stakeholders.
It will be conducted in compliance with the COVID-19 pandemic-related social distance guidelines, and broadcast online.
A globally renowned development economist, World Food Prize Laureate and Sunhak Peace Prize Laureate, Dr. Adesina has distinguished himself in driving a bold agenda to reform the Bank and accelerate Africa’s development.
He was first elected as President of the Bank on May 28, 2015. He was re-elected unopposed last week, winning unanimous votes of all the governors of the bank.
Expected to be present at the bank for the event that will be streamed live is the new chairman board of governors of the bank, Kenneth Ofori-Atta, Ghana’s minister of finance.
Also expected is the former chairman of the board, Ivorian Niale Kaba.
The secretary-general of the AfDB Group, Professor Vincent Nmehielle will read Akinwunmi’s citation, before the oath taking.More photos below.
Akinwumi Adesina sworn in for second term as AfDB boss - Kaftan PostAdesina's swearing in - National Accord Newspaper

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