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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NIGER JUNTA TO TRANSITION TO CIVILIAN POWER IN 3 YEARS.(PHOTO).

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Niger Junta To Transition To Civilian Power In 3 years

Niger’s new military ruler, General Abdourahamane Tchiani, has said the country will transition to civilian rule in no more than three years.

In a 12-minute televised broadcast on Saturday, Tchiani claimed ECOWAS was “getting ready to attack.”‘.

He warned against the planned military action by the ECOWAS , saying Niger’s military would resist external forces by fighting back.

His warning came after a delegation from ECOWAS arrived the country for a final diplomatic push before deciding on military action against Niger’s new military rulers.

“Our ambition is not to confiscate power, said General Tchiani. Any transition of power “would not go beyond three years”, he said.

He added, “If an attack were to be undertaken against us, it would not be the walk in the park some people seem to think.”

According to Tchiani, Niger is facing difficult times ahead, and the “hostile and radical” attitudes of those who oppose his rule provide no added value.

ECOWAS defence chiefs met last week on a potential military operation to restore Bazoum, if ongoing negotiations with coup leaders fail.

Officials of ECOWAS also met the elected president, Mohamed Bazoum, who has been held with his family at the president’s official residence since officers from his personal guard deposed him and seized power on July 26.

 

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