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

PRES. TINUBU REACTS TO UNFOLDING POLITICAL STANDOFF IN GABON.(PHOTO).#PRESS RELEASE




 STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU REACTS TO UNFOLDING POLITICAL STANDOFF IN GABON


H.E. President Bola Tinubu is watching developments unfolding in Gabon very closely and with deep concern for the country’s socio-political stability and the seeming autocratic contagion appearing to spread to other parts of the African continent.

The President, as a man who has made significant personal sacrifices in his own life for the cause of advancing and defending democracy, remains steadfast in his unwavering belief that power belongs in the hands of Africa’s great people and not in the barrel of a loaded gun.

The President affirms that the rule of law and a faithful recourse to constitutional instruments of electoral dispute resolution must not be allowed to perish from our great continent.

To this end, the President will continue to communicate with other Heads of State within the African Union and beyond toward a comprehensive consensus on the next steps forward.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

August 30, 2023

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