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

ANC WILL RETAIN PARLIAMENTARY MAJORITY: SA'S PRESIDENT. (PHOTO).


 ANC will retain parliamentary majority: SA's president


South Africa's President Cyril Ramaphosa says ANC party will retain its parliamentary majority in May 2024 elections.


South Africa's President Cyril Ramaphosa has expressed confidence that the African National Congress (ANC) will retain its parliamentary majority in the May 29, 2024 elections, even as opinion polls show that the ruling party has lost its popularity.


"The party that I am leading, the African National Congress, is not going to lose its (parliamentary) majority on May 29," Ramaphosa told reporters on Sunday in Rwanda's capital Kigali, where he had attended the commemoration of the 1994 Rwandan genocide.


"Many South Africans still love the African National Congress. And I am brimming with confidence that we are going to do well in the elections. So, watch this space," he added.


A survey conducted by SABI Strategy Group in February 2024 shows that South Africa will likely have a coalition government after May polls, which will elect a new National Assembly. The new parliament will then choose the next president. 

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