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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PICKING A VICE PRESIDENT IN 1999 WAS A MISTAKE-OBASANJO.(PHOTO).

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Picking A Vice President In 1999 Was A Mistake – Obasanjo 

Former president Olusegun Obasanjo on Saturday said picking a running mate in the 1999 presidential election was a mistake.

He made the comment while speaking in Abeokuta at a leadership and entrpreneurship mentoring session with selected school students.

Obasanjo, who won the 1999 and 2003 presidential elections, ran alongside Atiku Abubakar.

Mr Abubakar is the presidential candidate of the Peoples Democratic Party in the 2023 elections.

“I don’t say I don’t make mistakes – I made many of them,” Obasanjo said.

“But one thing that has happened to me is that God has never disappointed me. And that is very important.

“For instance, one of the mistakes I made was picking a number two when I was going to become President.

“But because it is a genuine mistake, God saved me out of it.”

 

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