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

AES STATES TO DEPLOY SATELLITES WITH RUSSIAN HELP. (PHOTO).


 AES states to deploy satellites with Russian help


A breakaway West African bloc of three countries under military regimes is working with Russia to launch at least two satellites, an official statement said on Tuesday.


Colonel Assimi Goita, the president of Mali and current chair of the Alliance of Sahel States (AES), discussed the project with Ilya Tarasenko, the head of Russian space company Glavkosmos, along with officials from Niger and Burkina Faso in Mali’s capital Bamako on Monday.


The project comes in response “to the challenges of sovereignty, security and development of the region,” said the statement, Anadolu reported.


The AES is an alliance of Burkina Faso, Mali, and Niger formed last September. The three nations withdrew from the Economic Community of West African States, or ECOWAS, which had threatened to intervene militarily in Niger following a coup in that country last year.


The statement said the satellites, including one for communications and another for remote sensing, will “strengthen the digital infrastructure through better internet coverage, as well as the broadcasting of radio and television in the AES countries.”


It added the constellation of earth observation satellites will provide high-resolution satellite imagery for various strategic sectors such as agriculture, health, education, as well as security and defense, particularly for border control and risk and disaster prevention.


The AES states are also planning to train local experts in space technology.


“It is not only a question of benefiting from Russian technologies, but of training local experts who, in the long term, will ensure autonomous management of these infrastructures,” said Nigerien Communications Minister Sidi Mohamed Raliou.

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