OVER 25 MILLION PHONES STOLEN IN ONE YEAR- FG. (PHOTO).

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 Over 25 million phones stolen in one year – FG The Crime Experience and Security Perception Survey report of the National Bureau of Statistics, a Federal Government agency, shows that Nigeria recorded 25.35 million phone theft cases between May 2023 and April 2024. According to the report, this was the most common type of crime within the period under review. The report read, “The number of crimes experienced by individuals in Nigeria was analysed over a period of time. The results show that theft of phones (25,354,417) was the most common crime experienced by individuals, followed by consumer fraud (12,107,210) and assault (8,453,258). However, hijacking of cars (333,349) was the least crime experienced by individuals within the reference period.” It also noted that most phone theft cases occurred either at home or in a public place, and about 90 per cent of such cases were reported to the police. Despite the high rate of the incident being reported, only about 11.7 per cent of t...

NIGERIAN ELECTRICITY REGULATORY COMMISSION IS SET TO SIGN NEW TARIFFS FOR NIGERIANS THIS WEEK.

NERC to release new adjusted  electricity rate                         These weekend,the Nigerian Electricity Regulatory Commission {NERC} at the weekend said that after duly considering the various individual electricity tarriff submissions of the 11 electricity distribution companies {Disco} in Nigeria's electricity market,the new tariffs  will be ready and signed off for use this week.Though techinical details of the new tariff structure have been finalised by the regulator,NERC said at a workshop in Abuja that a final regulatory meeting would be held in the week to conclude the process and then sign it off.NERC Chairman,Dr Sam Amadi said that the regulator had held meetiings with Discos to finalise on their respective tariff proposals.He said that the commission had gotten feed backs from both government,the Disco and would now conclude the process.''We have gone to the Discos,gotten feedback,gone to government and gotten feedback.We have not finalised.In our view,we have basically done the crunching of numbers.It is not about tariff increase,it is also not about their financial outlaw.We have done the technical work,remaining the regulatory work,by next week,we should sign off on the new tariff''.

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