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

ARAB NATIONS GATHER TO DISCUSS ENDING SYRIA’S LONG ISOLATION. (PHOTO).




 Arab nations gather to discuss ending Syria’s long isolation

April 14, 2023


A handout picture provided by the Saudi Press Agency (SPA) on April 12, 2023, shows Syrian Foreign Minister Faisal Mekdad (L) meeting with Saudi Foreign Affairs Minister Prince Faisal bin Farhan (R) in Jeddah. – Saudi Arabia hosted landmark delegations from Iran and Syria on Wednesday as Gulf countries prepare for re-establishing diplomatic ties after years of bitter divisions. Only hours after Iranian state media said a delegation had touched down in Riyadh, Saudi Arabia announced the arrival of Syria’s foreign minister in Jeddah — the first such trip since the country’s civil war broke out in 2011. (Photo by – / SAUDI PRESS AGENCY / AFP)


Arab countries gathered in Jeddah on Friday to discuss ending Syria’s long spell in the diplomatic wilderness, as regional relations shift following Saudi Arabia and Iran’s decision to resume ties.


Ministers and top officials from the six Gulf Cooperation Council countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — plus Egypt, Iraq and Jordan were to meet at Saudi Arabia’s request.


Up for discussion in the Red Sea city is Syria’s suspension from the Arab League, imposed when President Bashar al-Assad’s government launched a bloody crackdown on pro-democracy protests in 2011.


Backed by Iran and Russia, Assad has been shunned by many Middle Eastern countries and is a Western pariah over the 12-year war, which has killed more than half-a-million people and forced about half of Syria’s pre-war population from their homes.


But on Wednesday, in the latest sign of an easing in tensions with Damascus, Syria’s Foreign Minister Faisal Mekdad arrived in Jeddah, the first such visit since the war began.


Mekdad and his Saudi counterpart discussed “the necessary steps” to end Damascus’s isolation, according to a Saudi statement on Wednesday.


Any recommendation to reinstate Syria in the 22-member Arab League, whose next meeting is due to be held in Saudi Arabia in May, is likely to draw protests from Western capitals.


Syria’s rehabilitation sends “a message to the opposition that Assad will triumph in the end and that their foreign backers will betray them”, Aron Lund of the Century International think tank told AFP.


“These bilateral engagements with Saudi Arabia and others are exactly what Damascus has been looking for,” said Syria expert Sam Heller.


But late Thursday, the prime minister of Qatar — an opponent of Assad’s government — poured cold water on talk of Syria’s possible return to the Arab League.


“There is nothing proposed, it is all speculation,” Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani said in a television interview.


– ‘Overcome Gulf differences’ –

The Jeddah meeting is one in a flurry of initiatives following Saudi Arabia and Iran’s landmark, Chinese-brokered announcement on March 10 that they would resume ties, seven years after an acrimonious split.


Earlier on Friday, an exchange of nearly 900 prisoners from Yemen’s civil war between the Iran-backed Huthi rebels and a Saudi-led coalition got underway when the first flight left the rebel-controlled capital Sanaa.


The Saudi ambassador to Yemen this week held talks with Iran-backed Huthi rebels aimed at ending the devastating civil war that has raged since the Saudi-led military intervention started in 2015.


And late on Wednesday, gas-rich Qatar and its tiny but strategic Gulf neighbour Bahrain agreed to re-establish relations, putting aside a long-running diplomatic feud.


Sunni-ruled Saudi Arabia, the world’s biggest oil exporter, and Shiite theocracy Iran have long been vying for influence around the region, with Yemen and previously Syria among their proxy conflicts.


But analysts say Saudi Arabia is now trying to calm the region to allow it to focus on ambitious domestic projects aimed at diversifying its energy-dependent economy.


Although the Arab League takes decisions by consensus, unanimous agreement is unlikely, said a Riyadh-based diplomat who declined to be identified.


“The meeting aims to overcome the Gulf differences over Syria as much as possible,” the diplomat told AFP, singling out Qatar.


“The Saudis are trying at least to ensure that Qatar does not object to Syria’s return to the Arab League if the issue is put to any vote,” the diplomat added.

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