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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TURKISH PRESIDENT SAYS "JUST AS HITLER WAS STOPPED 70 YEARS AGO, NETANYAHU WILL BE STOP"+ TURKEY'S APPLICATION TO JOIN BRICS. (PHOTO).

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  🇹🇷🇮🇱 Turkish President Erdogan says "just as Hitler was stopped 70 years ago, Netanyahu and his murderous network must be stopped by an alliance of humanity."


Turkey’s application to join BRICS reflects Erdogan’s dissatisfaction with the West, aiming to strengthen ties with non-Western powers like Russia and China.

On September 2, Turkey was reported to be the first and only NATO member asking to join the BRICS economic group of nations. BRICS, headed by Russia, China, Iran, and South Africa, is dominated by the Russian and Chinese presidents Vladimir Putin and Xi Jinping.

One former Turkish diplomat told Newsweek that the move by Turkey’s president, Recep Tayyip Erdogan, has been driven by “accumulated frustrations” with the West and the EU. Sinan Ulgen, head of the Istanbul-based think tank EDAM, said: “It’s a strategy to strengthen relations with non-Western powers at a time when the US hegemony is waning.”

The economic grouping originally calling itself BRIC from the initials of its founding members – Brazil, Russia, India, and China – was initially concerned with identifying investment opportunities for their fast-growing economies. They held their first meeting in 2006 and soon evolved into a formal geopolitical bloc.

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