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

CLOCK TICKING ON BIDEN AS PRESSURE TO QUIT RACE INCREASES. (PHOTO).


 Clock Ticking On Biden As Pressure To Quit Race Increases


A recent poll found nearly two-thirds of Democrats think Biden should quit the race.


The walls appear to be closing in on the POTUS.


Nancy Pelosi, Hakeem Jeffries, Chuck Schumer and Adam Schiff are about as influential as you can get within the Democratic Party.


It is now being reported that Barack Obama, the former president, seen as an elder figure of the party now, has expressed concern about Mr Biden. Both men are said to have had an up-and-down relationship.


The Washington Post said Mr Obama had told allies in recent days that Mr Biden’s path to victory has greatly diminished, and that he needs to seriously consider the viability of his candidacy.


While not all of the above have publicly called for Mr Biden to step down, the fact they’re not denying reports of private conversations is notable.



Ms Pelosi in particular is a battle-scarred politician who plays a good game of 3D chess.


She doesn’t want to be accused of disloyalty to the president she admires but equally doesn’t want to be seen as complicit if Democrats suffer huge losses under Mr Biden in November’s election.


The New York Times reported that Mr Schumer was shown data from a top Democratic fundraising committee that alarmed him – the president is trailing behind in the must-win states of Pennsylvania, Michigan and Wisconsin.


Many analysts believe Mr Biden’s path to victory lies through this area of the country. There’s also some evidence that Nevada, Georgia and Arizona could be slipping away.


President Biden himself has revised his view on what it would take for him to bow to the growing pressure.


He has gone from stating “only the Lord Almighty” could make him stand down, to telling BET (Black Entertainment Television) that he would re-evaluate his campaign if his doctor diagnosed him with a medical condition.


Then he announced he had COVID.


While he’s had the illness before, the latest infection has exacerbated the ongoing concerns about his age, health and fragility.


To now get “general malaise”, as the doctors put it, is not a great look for a leader many Americans already worry is past it.


Ultimately, the decision to stand down has to come from Mr Biden. He is dismissive of polls, pointing to Trump’s election 2016 victory, his own in 2020 and most recent midterm elections that were supposed to be a disaster for his party.


There are also Democrats who are still fully behind the president and consider him to still be sharp.


But with the Democratic National Convention a month away when the nomination is sealed, it feels as if the clock has again reset and is ticking. (BBC)

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