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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UGANDA PRESIDENT'S SON RULES OUT BID TO SUCCEED FATHER IN NEXT POLLS. (PHOTO).

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 Uganda president's son rules out bid to succeed father in next polls


Ugandan President Yoweri Museveni's son, who had said he would run in the 2026 presidential election, announced on Saturday he would not stand and would back his father instead, AFP reported.


Museveni, 80, has been in power since 1986. Many in the East African nation saw his son, Muhoozi Kainerugaba, the head of the Ugandan defence forces, as his successor.


"I would like to announce that I will not be on the ballot paper in 2026. Almighty God told me to focus on His Army first," Kainerugaba said on X.


"So, I fully endorse President Yoweri Museveni in the next elections."


Museveni has not said explicitly if he will seek a seventh term.


"No civilian will lead Uganda after President Museveni. The security forces will not allow it. The next leader will be a soldier or policeman," Kainerugaba added.


Kainerugaba had said in an earlier post announcing his intention to contest the election that it was time for fresh blood in Ugandan politics.


The Sandhurst-trained soldier has had a meteoric rise in the armed forces.


Museveni has ruled Uganda since he toppled president Milton Obote in 1986.


He was re-elected for a sixth term in 2021 with 58 percent of the vote, according to official results which the opposition branded a masquerade.


The election campaign was marked by intimidation, arrests and led to more than 50 deaths.

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