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...

IF NNPC IS TO SUPPLY 310 TRUCKS TODAY,THE LONG QUEUES AT THE FILLING STATIONS WILL EASE OUT-OBAFEMI OLAWORE.

                 The Executive Secretary of Major Oil Marketers Association of Nigeria {MOMAN},Obafemi Olawore said marketers received 310 trucks yesterday,adding that if the same quantity is received today,the long queues at the filling stations will ease out by the end of the week.Nigerian National Petroleum Corporation {NNPC} in its fulfillment of its agreement has increased its daily supply of petrol to Lagos from 295 trucks {9.7 million litres} as at monday to 310 trucks yesterday,which is 10.2 million litres..Obafemi Olawore sated that there are vessels laden with products that were imported by NNPC but the problem is that the Corporation lacks storage and distribution facilities to distribute the products,which accounts for the current situation on ground.He noted that when the importation ratio was 50:50 between marketers and the NNPC,the distribution situation was not bad,adding that the 78 percent importation ratio given to the Corporation may be reviewed in second quarter.He confirmed that many filling stations were selling at above the regulated pump price,but explained that such situation obtains because the demand surpasses supply and many people sell at whatever price they like to make more profit.He also said that marketers are not importing because of lack of access to foreign exchange.He said ''Only NNPC has access to forex and that hinders adequate importation.However,government should have the courage to deregulate the downstream sector,so there will be local production and also encourage investors to invest in the sector''.More photos below.                                                                                                                          

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