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

HUNGARY PM ORBÁN DECLARES INTENT TO OPT OUT OF NATO EFFORTS TO SUPPORT UKRAINE. (PHOTO).


 Hungary PM Orbán declares intent to opt out of NATO efforts to support Ukraine



Hungary will seek to opt out of any NATO operations aimed at supporting Ukraine, Prime Minister Viktor Orbán said Friday, suggesting that the military alliance and the European Union were moving toward a more direct conflict with Russia.


Orbán told state radio that Hungary opposes a plan NATO is weighing to provide more predictable military support to Ukraine in coming years to repel Moscow's full-scale invasion, as better armed Russian troops assert control on the battlefield.


"We do not approve of this, nor do we want to participate in financial or arms support (for Ukraine), even within the framework of NATO," Orbán said, adding that Hungary has taken a position as a "nonparticipant" in any potential NATO operations to assist Kyiv.


"We've got to redefine our position within the military alliance, and our lawyers and officers are working on ... how Hungary can exist as a NATO member while not participating in NATO actions outside of its territory," he said.


Orbán, considered Russian President Vladimir Putin’s closest partner in the EU, emphasized NATO's role as a defensive alliance, and said he doesn't share the concerns of some other Central and Eastern European countries that Russia’s military wouldn't cease its aggression if it wins the war in Ukraine.


"NATO’s strength cannot be compared to that of Ukraine," he said. "I don’t consider it a logical proposition that Russia, which cannot even deal with Ukraine, will come all of a sudden and swallow up the whole Western world."


Hungary has refused to supply neighboring Ukraine with military aid in contrast to most other countries in the EU, and Orbán has vigorously opposed the bloc's sanctions on Moscow though has ultimately always voted for them.


The nationalist leader is preparing for the European Parliament election on June 6-9, and has cast his party as a guarantor of peace in the region. He has characterized the United States and other EU countries that urge greater support for Ukraine as "pro-war" and acting in preparation for a global conflict.

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