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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THE SENATE HELD A CLOSED DOOR MINISTERIAL BRIEFING TODAY,ATTENDED BY THE CBN GOVERNOR.{PHOTO}.

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                  Today,the Senate held a closed-door Ministerial Briefing,which was attended by the Governor of the Central Bank of Nigeria {CBN}.The purpose of this engagement was to gauge the effectiveness of the monetary and fiscal policies that have been adopted to salvage the current economic situation in the country.At the briefing,Senators questioned the CBN Governor on the recent changes made to Nigeria's foreign exchange management policy; the determination of foreign exchange rates; the monetary policy of the Federal Government; the challenges being experienced by many commercial banks; and the need to diversify and grow Nigeria's economy for better performance.Moving forward according to the Senate President 'Saraki,the 8th Senate will continue our collaborative approach of working to bring succour to the Nigerian people in the form of effective oversight and innovative legislation.

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