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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TUGGAR ADVOCATES UN SECURITY COUNCIL SEAT FOR NIGERIA. (PHOTO).

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Tuggar Advocates UN Security Council Seat For Nigeria

Minister of Foreign Affairs Ambassador Yusuf Maitama Tuggar says Nigeria with its population, economic size and strategic role in Africa has earned the right to be part of the United Nations Security Council UNSC.

He therefore stressed the need to democratise the United Nations (UN) Security Council to accommodate Nigeria.

A statement by the Special Assistant on Media and Communications to the Minister says he made the call while speaking on a panel with the theme “Securing an Insecure World” in Davos, Switzerland, on the sidelines of the just concluded World Economic Forum (WEF) meeting.

The panel discussants dwelled on persistent conflicts the intensifying climate crises, the fragile global economies and the potential risks of new technologies that were creating a complex global security environment.

Ambassador Tuggar said the values of democracy – such as the rule of law – should be replicated in the world’s highest decision organs.

He said the UNSecurity Councill as constituted was not leaving up to its purpose.

“What we have to do is collectively practice what we preach.The values that we uphold – democracy, rule of law – need to be practised, and we need to see them being practised in the very decision-making bodies or entities for the planet,” the minister said.

The minister expressed displeasure that security chiefs and defence policymakers are taking the front seat in world security issues.

Present at the panel were the Secretary of NATO, Jens Stoltenberg, and Minister of Foreign Affairs of the Kingdom of Saudi Arabia Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs of Finland Elina Valtonen and Senator from Delaware United States Christopher A. Coons.

Others are President, World Economic Forum Børge Brende, and Federal Minister of Foreign Affairs Federal Foreign Office of Germany Annalena Baerbock.



 

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