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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TODAY,WE PASSED A RESOLUTION AT THE SENATE ON THE NEED TO REVIEW THE PRIVATIZATION OF PUBLIC ENTERPRISES IN NIGERIA-SARAKI.

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     This is because, we are concerned that while the objectives of privatization were noble, the exercise was not accompanied or preceded by an articulated and properly phased public sector reform. Additionally, the privatization of Nigeria’s collective public enterprises have been marred by administrative, regulatory and financial irregularities.
This is why, our resolution on this issues has:
Mandated our Committee on Privatization to have an interface with the National Council on Privatization and the Bureau of Public Enterprises to receive and examine a comprehensive report of current privatization status of Nigerian Public Enterprises;
Directed the Committee to conduct a public hearing to determine:
-The public enterprises privatized/commercialized;
-The current status of privatized enterprises;
-The extent of due process in the conduct of the privatization exercise;
-The enterprises whose privatization were reversed by the Federal Government;
-The extent of compliance with post-privatization conditions by core investors; and
-The impact of privatization/commercialization of public enterprises on the Nigerian economy.
We have also mandated the Committee to make appropriate recommendations that will ensure the functionality of the privatized/commercialized enterprises to realize the objectives of the exercise — which will reduce the impact of the current economic challenges.
I have particularly requested that during the course of this review, the Committee should look into the privatization of the power sector — which has been one of the fundamental problems that our nation and our people are facing.
-Dr. Abubakar Bukola Saraki (CON), President of the Senate
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