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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IBB DEBUNKED WARNING PRES. TINUBU OF A POSSIBLE MILITARY COUP. (PHOTO)

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 BB Speaks On Warning Tinubu On Possible Military Coup


General Ibrahim Badamasi Babangida (IBB), a former Military President of Nigeria on Thursday debunked the purported news report warning President Bola Tinubu of a possible military takeover in Nigeria.


The news report sighted by New Telegraph claimed that the former Military President warned President Tinubu about a potential military coup in the country and urged the incumbent leader to be careful.


The alleged warning had gained traction after a video of a radio station, VOP, in which it suggested that IBB had issued a warning to Tinubu about a possible military takeover in Nigeria, went viral.


Debunking the news report, the media consultant to Babangida, Deyemi Saka, in a statement made available to journalists on Thursday, denied any such message originated from Babaginda.


Saw a in the statement described the VOP report as baseless and the result of unfounded speculations by certain individuals with malicious intent.


According to him, should there be such concerns, Babangida would have used proper communication channels to convey his thoughts to President Tinubu rather than resort to social media.


Saka, therefore, urged the general public to disregard the allegation in its entirety.


He said: “I wish to address the circulating reports originating from VoP Radio Station, suggesting that former Military President General Ibrahim Badamasi Babangida GCFR has issued a warning about a potential military takeover should President Bola Ahmed Tinubu not exercise caution.


“I would like to clarify to the general public that these reports are baseless and the result of unfounded speculations by certain individuals with malicious intent.


“General Babangida has always been a staunch advocate for democracy, both during his tenure and since leaving office. He firmly believes that democracy is the superior form of governance and that electoral processes are the legitimate means for changing a government or expressing dissatisfaction or support.

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