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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PHILIP SHAIBU DUMPS PDP FOR APC.(PHOTO).

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  Deputy Governor of Edo State Philip Shaibu Dumps PDP for APC


In a dramatic turn of events at a campaign rally in Edo State on Saturday, Deputy Governor Comrade Phillip Shaibu officially severed ties with the Peoples Democratic Party (PDP) and announced his return to the All Progressives Congress (APC). Shaibu, recently reinstated following a Federal High Court ruling nullifying his impeachment by the Edo State House of Assembly on grounds of gross misconduct, made his allegiance clear alongside APC’s gubernatorial candidate, Senator Monday Okpebholo, and running mate Dennis Idahosa.


At the rally, Shaibu not only pledged his support to the APC but also orchestrated a reunion with his political mentor, former Edo State Governor and APC National Chairman Senator Adams Oshiomhole. This move signifies a significant realignment in Edo State politics as Shaibu, buoyed by the court ruling, strategically positions himself within the APC ahead of upcoming electoral contests. The defection underscores ongoing political shifts and alliances shaping the landscape as the state prepares for future governance challenges.


He wrote on X formally Twitter “It is a triumphant homecoming for me, as I officially return to the All Progressives Congress (APC), the party where I am accepted, valued, and welcomed with open arms. The party holds a special place in my heart, and where I have shared countless memories.


I am grateful to be back among the people and community that have always supported me, and to reunite with my political family”.

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