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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NIGERIA SECURES RELEASE OF 20 KIDNAPPED STUDENTS. (PHOTO)

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 Nigeria secures release of 20 kidnapped students


Nigerian police authorities have secured the release of 20 students who were kidnapped on their way to a convention in the north-central state of Benue last week, they said on Saturday, in a post on X.


The victims, who are medical and dental students, were headed to the southeastern state of Enugu, when they were kidnapped by armed gunmen, Reuters reported.


Armed gangs have been kidnapping villagers, students and motorists for ransom in northern Nigeria, with security forces unable to end the practice.


"We confirm the release on Friday of our brothers and sisters and some other Nigerians who have been in captivity in Ntunkon forest, Benue state," Nigerian police spokesperson Olumuyiwa Adejobi said.


He said no ransom was paid, rather they were "rescued tactically and professionally".

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