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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THIRD TERM: PRESIDENT BUHARI CONGRATULATES CHINESE LEADER ON RE-ELECTION.(PHOTO).

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PRESIDENT BUHARI CONGRATULATES CHINESE LEADER ON RE-ELECTION


President Muhammadu Buhari congratulates the Chinese leader, President Xi Jinping on historic election to a third term as the leader of the Communist Party of China.

“I hope that your re-election would pave the way for deeper and enduring  partnership and strategic cooperation that will be mutually beneficial to our two countries.

“I believe that the development of infrastructure, such as railways, dams and roads construction, power generating plants, as well as  trade exchanges will receive strong boost,” says President Buhari in a message to the Chinese President.

 

Garba Shehu

Senior Special Assistant to the President

(Media & Publicity)

October 24, 2022.



EARLIER REPORT:


China’s President Xi Jinping secures third term

China’s President Xi Jinping has secured a historic third term as the Communist Party’s leader, He is now regarded as the nation’s most influential ruler since Mao Zedong.

The Central Committee of the Chinese Communist Party (CCP) elected Xi as its general secretary for a precedent-breaking five-year term on Sunday.

Xi is now all but certain to sail through to a third term as China’s president, due to be formally announced during the government’s annual legislative sessions in March next year.

The CCP also named a seven-member Politburo Standing Committee (PSC) led by Xi, its inner circle of power dominated by Xi’s allies.

Introducing the new lineup, Xi walked at the head of the group as he lead them onto the stage at Beijing’s Great Hall of the People to meet reporters.

Shanghai Communist Party chief Li Qiang followed Xi, meaning that he is likely to succeed Li Keqiang as premier when the latter retires in March. The other members of China’s top governing body are Zhao Leji and Wang Huning, who return from the previous committee and newcomers Cai Qi, Ding Xuexiang and Li Xi.

“I wish to thank the whole party sincerely for the trust you have placed in us,” Xi said after his appointment, and promised to “work diligently in the performance of our duties to prove worthy of the great trust of our party and our people”



 

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