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...
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MTN NIGERIA,WITHDRAWS THEIR SUIT AGAINST FEDERAL GOVERNMENT,TODAY.

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                                Today friday,MTN Nigeria has formally announced the withdrawal of the court case against the Federal Government of Nigeria.According to a statement issued today friday,i which the telecommunication company said that this is in order to pave way for continue settlement discussions with the Federal government towards an amicable resolution of the matter in the best interests of the company and Nigeria.In restrospect,MTN on 24th of February 2016,announced its withdrawal of the court case and made an initial payment of N50 Billion without prejudice.This payment was made on the basis that it would be applied towards a settlement when one is arrived at.Speaking in the press statement the Chief Executive Officer {CEO} MTN Nigeria,Ferdi Moolman said ''We have kept our promise to withdraw and we have followed through by formally doing so.This is in line with the premium we place on good corporate citizenship''.The formal withdrawal today at the Federal High Court,with all parties in attendance,signals further progress in the negotiations between MTN Nigeria and the Nigerian government.Speaking further,Moolman described the development as another manisfestation of good faith and intent by MTN Nigeria.We have confidence in the equally good intentions of the Nigerian authorities and the strength of our mutual commitment to an amicable resolution.''The high priority that Government is giving to the sustainability of the industry assures us of a truly integrated approach amongst all parties,to the growth of ICT as a critical enabler of social-economic development in Nigeria''.One more photo below.                                                                     

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