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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41 AFRICAN COUNTRIES SIGN MILITARY AGREEMENTS WITH RUSSIA. (PHOTOS).

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41 African Countries Sign Military Agreements With Russia

Russia has signed agreements for military cooperation with over 40 African countries, Russian President Vladimir Putin announced on Friday in St Petersburg.

Putin made the announcement during the second and final day of the second Russia-Africa Summit, saying “We are developing partnerships in military and military-technical cooperation with more than 40 African states to strengthen the defence capabilities of the countries."

“African states received a wide range of weapons and technology, some for free. Some of these deliveries are provided on a gratuitous basis with the aim of enhancing the security and sovereignty of the countries.”

Putin also announced that Russia would provide assistance to the countries in their efforts to free themselves from the “vestiges of colonialism.”

More photos below. 



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