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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ATIKU TO WIKE,OTHERS: AYU WON'T RESIGN.(PHOTO).

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Atiku to Wike, others: Ayu won't resign

The presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar has declared that the PDP National Chairman, Dr. Iyorchia Ayu won't resign as being demanded by the Rivers Governor, Nyesom Wike and other PDP Governors in his camp.

Atiku, in a reaction to the withdrawal of Wike and his loyalists from the PDP Presidential Campaign Council, urged the aggrieved party chieftains to have a rethink and retrace their steps

In a statement on Wednesday, Atiku said: "On the calls for the resignation or removal from office of our national chairman, however, I must reiterate what I have said severally in public and in private; the decision for Dr. Iyorchia Ayu to resign from office is personal to Dr. Ayu and, neither I nor anyone else can make that decision for him.

"As to the calls for the removal of Dr. Ayu from office, however, I will state that, as a committed democrat and firm believer in the rule of law and democratic tenets, and our party being one set up, organised and regulated by law and our constitution, it is my absolute belief that every thing that we do in our party must be done in accordance with, and conformity to, the law and our constitution.

"If Dr. Ayu is to be removed from office, it must be done in accordance with the laws that set out the basis for such removal. In any event, you will all recall that the very body that is empowered by law to initiate this removal from office, has already passed a vote of confidence in him".

 

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