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

PRES. TINUBU BACKS DIRECT ELECTION INTO ECOWAS PARLIAMENT.(PHOTO).


Tinubu backs direct elections into ECOWAS parliament


President Bola Tinubu, on Thursday, said he would support a proposal for the direct election of members into the parliament of the Economic Community of West African States.


Tinubu said the move would give citizens of member states a say in who represents them.


“As a one-time legislator myself, I look forward to reviewing the proposal regarding this matter. We stand to support the direct elections into ECOWAS parliament,” said Tinubu when he swore in 97 members into the 6th ECOWAS parliament at the Abuja International Conference Centre.


His comments came on the backdrop of the ECOWAS parliament being peopled by existing lawmakers from the 15 member states.


The President said, “The practice of directly electing public officers aligns with democratic principles, principles that Nigeria upholds


“This principle is also in line with the spirit of the ECOWAS protocol on democracy and good governance.


“We believe this will ensure that citizens will have a direct say in their representation and the legitimacy and credibility it will provide.”


He assured members of the sixth ECOWAS Parliament that Nigeria, as host of the community, “will continue to support you to achieve your objectives.”


The ECOWAS parliament, also known as the C

Community parliament was established under Articles 6 and 13 of the ECOWAS Revised Treaty of 1993.


The initial protocol establishing the parliament was signed in Abuja on August 6, 1994, providing for the structure, composition, competence, and other matters relating to the parliament.


The parliament is composed of 115 seats. Each member state has a guaranteed minimum of five seats while the remaining 40 seats are shared based on population.


However, only 97 members, comprising lawmakers from various member states, were sworn in Thursday.


They include 35 members from Nigeria and five each from Benin Republic, Cabo Verde, The Gambia, Guinea-Bissau, Liberia, Sierra Leon, and Togo.


Others include eight members from Ghana, seven from Cote d’Ivoire and six each from Senegal and Guinea.


Mali, Niger and Burkina Faso have no representatives in the sixth parliament as these states had expressed their intention to exit the bloc.


Citing earlier remarks by the ECOWAS Commission President, Dr. Omar Touray, President Tinubu appealed to the trio to reconsider their stance as their exit could spell far-reaching consequences for their citizens as well as the region.

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