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

ZIMBABWE RECEIVES FIRST FREE GRAIN SHIPMENT FROM RUSSIA. (PHOTO).


 Zimbabwe receives first free grain shipment from Russia


President Emmerson Mnangagwa would decide what to do with the grain, said deputy agriculture minister.


Zimbabwe's agriculture ministry on Friday inspected the first batch of grain sent by Russia.


Last year, President Vladimir Putin offered free grain to six African countries during a summit in Saint Petersburg, days after withdrawing from a deal under which Ukrainian grain exports were allowed to pass through the Black Sea to reach global markets.


In addition to Zimbabwe, Putin pledged grain to Mali, Somalia, the Central African Republic, Eritrea and Burkina Faso.


The summit was scrutinised as a test of Putin's support in the continent after his Ukraine invasion.

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