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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EGYPT'S SISI WARNS AGAINST LEBANON ESCALATION. (PHOTO).

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 Egypt's Sisi warns against Lebanon escalation


Egypt's President Abdel Fattah al-Sisi warned against further regional escalation on Sunday in a meeting with the United States' highest-ranking general, as cross-border hostilities between Israel and Lebanon intensified.


Sisi "warned of the dangers of a new front opening in Lebanon and stressed the necessity of preserving Lebanon's stability and sovereignty", according to a statement from the president's office, AFP reported.


His meeting in Egypt with US Chairperson of the Joint Chiefs of Staff, General Charles "CQ" Brown, the United States' highest-ranking military officer, came hours after Israel launched air strikes on Lebanon.


Israel said it was pre-empting an attack on its territory from Lebanese armed group Hezbollah, fuelling fears of a wider regional conflagration.


Key mediator Egypt has again urged restraint and de-escalation, while the United States – Israel's top arms provider – said its military was "postured" to support its ally.


The visit comes amid planned talks in Cairo, to be attended by CIA chief William Burns, aimed at a truce in the Gaza Strip that has seemed increasingly unlikely.


On Sunday, Sisi called for a "decisive stance from the international community" and a stronger response "to joint Egyptian-American-Qatari efforts" for a ceasefire and hostage-prisoner exchange, which would enable a "path to calm and stability in the region," his office said.


An official from Netanyahu's office said a decision would be made late in the day about whether Israeli spy chiefs would attend the talks in Cairo on Sunday.


Hamas has said a delegation would go to Cairo but only to meet with Egyptian officials rather than participate in the discussions.


Hezbollah's leader Hassan Nasrallah was due to speak on the "latest developments" at 6:00 pm (1500 GMT), the group said.

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