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

RWANDA'S KAGAME SWORN IN FOR THE FOURTH TERM. (PHOTO).


 Rwanda’s Kagame sworn in for fourth term


Rwandan President Paul Kagame has been sworn in for a fourth term after sweeping to victory in an election last month with more than 99 percent of the vote.


Several dozen heads of state and other dignitaries from African nations attended the inauguration ceremony on Sunday at a packed 45,000-seat stadium in Kigali, where crowds had started gathering from the early morning.


Sunday's swearing-in took place at Kigali's Amahoro national Stadium, with thousands in attendance.


Rights groups say the margin of his electoral victory is proof of the lack of democracy in Rwanda.


Only two candidates were allowed to stand against Mr Kagame in the 15 July election, after eight other candidates including his most vocal critics were barred by the electoral commission.


In his oath of office, Mr Kagame vowed to preserve peace and national sovereignty, and to consolidate national unity.


He also pledged to "never use the powers conferred upon me for personal interests".


"Should I fail to honour this oath, may I be subjected to the rigours of the law," he said.


Mr Kagame has been the real power in Rwanda since his then rebel forces came to power at the end of the genocide in which some 800,000 ethnic Tutsis and moderate Hutus were slaughtered, ousting the genocidal regime.


Since then, Rwanda has been relatively stable, with Mr Kagame seeking to turn the country into the "Singapore of Africa".

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