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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SHARKS OFF BRAZIL COAST TEST POSITIVE FOR COCAINE. (PHOTO).

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Sharks off the coast of Brazil have tested positive for cocaine, scientists say.


Marine biologists tested 13 Brazilian sharpnose sharks taken from the shores near Rio de Janeiro and found they tested for high levels of cocaine in their muscles and livers.


The concentrations were as much as 100 times higher than previously reported for other aquatic creatures.


The research, carried out by the Oswaldo Cruz Foundation, is the first to find the presence of cocaine in sharks.


Experts believe the cocaine is making its way into the waters via illegal labs where the drug is manufactured or through excrement of drug users.


Packs of cocaine lost or dumped by traffickers at sea could also be a source, though this is less likely, researchers say.


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