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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CAMEROONIAN PRESIDENT POSTPONES MUNICIPAL ELECTIONS. (PHOTO).

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 Cameroonian president postpones municipal elections


Cameroonian President Paul Biya on Wednesday evening signed a decree postponing municipal elections scheduled for February next year, Xinhua reported.


The decree extended the mandate for current municipal councilors for a year from its expiry date of Feb. 25, 2025 to May 31, 2026.


The decree came barely two weeks after the country's National Assembly, or the lower house of parliament, approved a bill extending the mandate for its current lawmakers for a year.


Biya did not say why the elections have been postponed but officials of the ruling party, Cameroon People Democratic Movement (CPDM), explained that it was part of efforts by the government "to lighten a congested" electoral calendar.


"Cameroon is expected to hold four major elections next year, namely presidential, parliamentary, municipal and regional council elections. This is a real heavy burden. That is why it was necessary to postpone the municipal and parliamentary elections for a better organization of all the four elections throughout 2025 to 2026," CPDM senior official Elvis Ngolle Ngolle told Xinhua.

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