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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I WILL NOT STEP DOWN FOR ANYBODY-TINUBU.(PHOTO).

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I Will Not Step Down For Anybody - Tinubu 

An anticipated bid by the All Progressives Congress (APC) to adopt the consensus arrangement in picking its presidential aspirant may turn out to be hard nut to crack for the governing party, as one its frontline presidential aspirants, Ahmed Bola Tinubu, insisted before the party’s presidential screening committee that he will never step down for any preferred candidate.

Other aspirants, apart from Tinubu and one of the presidential hopefuls said they had no option than to bow to whims of the party in the spirit of party supremacy in the event where the party chooses to settle for a consensus presidential candidate.

“Only two others had reservations. But essentially everyone agreed that the interest of the party is sacrosanct. Tinubu outrightly disagreed. He said the only circumstance he would agree is if he emerges as the consensus candidate,” a source close to the screening panel told this paper last night.


 

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