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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ISRAEL AND HEZBOLLAH EXCHANGE FIRE IN ESCALATING CONFLICT. (PHOTO).

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 Israel and Hezbollah Exchange Fire in Escalating Conflict


The Israeli military launched airstrikes against Hezbollah targets in Lebanon, citing a need for "preemptive" action.


Hezbollah responded with its own strikes, claiming to have launched 320 rockets and drones towards Israel. 


The exchange of fire comes after months of tensions between the two sides, with the killing of a top Hezbollah commander last month sparking the latest round of violence.


The Israeli military said it was prepared for retaliatory attacks from Hezbollah or Iran, and has declared a "special situation on the home front" across the country. 


The US has been engaged in diplomatic efforts to de-escalate the situation, with President Joe Biden closely monitoring events.


The conflict has raised concerns of a regional conflagration, with flights temporarily suspended at Tel Aviv airport and civilians advised to limit gatherings and avoid certain areas. 


Despite the escalation, negotiations towards a ceasefire and hostage deal in Israel's war on Hamas in Gaza are ongoing.

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