OVER 25 MILLION PHONES STOLEN IN ONE YEAR- FG. (PHOTO).
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...
According to Vanguard,European Union {EU} offcial Fillippo Amato has advised the Federal Government to devalue the Naira as part of measures to tackle the economic recession.Amato,Councellor,Head of Trade and Economic Section of EU,made this known in an interview with newsmen today Monday The EU official said that recession could not be addressed with traditional development tools.He said the recession was a recent development which was due to a number of factors,including the fall in oil prices and resurgence of militncy in the Niger Delta.''To come out of recession,the country has to take brave decisions,regardless of how unpopular they may be such as fully and effectively devaluing the Naira.Devaluing the Naira is a measure,which will finally reassure investors and attract new capitals to the country.At the same time,it will further reduce imports,thereby removing artificial forex restrictions,and removing any potential waste of scarce resources such as the fuel subsidy.Improving security {in the Northeast and Niger-delta} and ease of doing business are also key factors on which the government must urgently work to re-launch the economy,'' he said.Amato said that EU had been at the forefront of aid for trade support activities in Nigeria and ECOWAS.He said the most important programme the EU was implementing in Nigeria with its partners-GIZ,DFID/Adam Smith International and UNIDO-was the Nigeria competitiveness Support Programme.''The programme aims at improving the quality of Nigeria products to comply with international standards.The programme is providing capacity building to several Ministries,Departments and Agencies such as Ministry of Agriculture,Standards Organisation of Nigeria,Consumer Protection Council,Nigerian Customs Services and NADFAC.We support the trade institutions in the formulation and implementation of a sound trade policy {support to the Federal Minister of Industry,Trade & Investment,and Nigerian Customs Service}.This is to improve the business environment,with pilot projects in Kano and Kaduna to improve the procedures for obtaining land titles,and business licences,'' he said.
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