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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ECOWAS TO ESTABLISH YOUTH PARLIAMENT. (PHOTO).

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ECOWAS To Establish Youth Parliament

The Second Extraordinary Session of the 5th legislature of Economic Community of West African States Parliament, (ECOWAS Parliament) has commenced in Winneba, Ghana with an assurance for the establishment of the ECOWAS Youth Parliament.

The session is dedicated to the consideration and adoption of the 2024 Draft Budget of the Parliament.

The Speaker of the parliament, Sidie Mohamed Tunis, said key components of the 2024 budget would be directed to supporting women and youth development.

“Considering the recent political trends across the region, focusing on youth, in terms of their engagement in an organized forum, is extremely timely and could sway them away from the temptation of engaging in vices that are detrimental to their overall development. With that said, we are fully prepared to promote the establishment of the ECOWAS Youth Parliament. We are convinced that an ECOWAS Youth Parliament could serve as the foundation for youth representation in formal political institutions such as Parliaments, Political Parties, and other Public Institutions.”

The Speaker also gave an assurance that the Parliament would sponsor another global women and youth summit to deliberate on issues concerning women and youths.

“Earlier this year, we hosted the ECOFEPA Global Summit through direct budgetary allocation from the Parliament’s Budget. As a result of the successes recorded and testimonies received from the beneficiaries, I am pleased to announce that provision has been made in the 2024 budget to host a Second Global Summit for Women and Youths across our region before the end of this Legislature.

Dr Tunis tasked members of the parliament to protect the tenets of democracy while calling on leaders to deliver the dividends of democracy to citizens.

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