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...

LAGOS PAYS OVER N1-BILLION AS BENEFITS FOR 177 RETIREES.#PRESS RELEASE.

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     Lagos State Government on Thursday presented Retirement Benefit Bond Certificates worth N1,001,139,000 (One billion, One million and One Hundred and Thirty-Nine Thousand Naira) to 177 Public Service retirees.
Speaking at the event held at the LASPEC Complex, NECA House, Ikeja, the Commissioner for Establishments, Training and Pensions, Dr. Akintola Benson-Oke stated that under the present administration a total number of10,601 retirees from the Mainstream Service, Local Government/State Universal Basic Education (SUBEB), Teachers Establishments Training & Pensions Office (TEPO) and other agencies of government had received accrued pension rights in excess of N43billion.
Earlier in her welcome address, the Director-General, Lagos State Pension Commission, LASPEC, Mrs. Folashade Onanuga gave words of encouragement to the retirees and advised them to be wary of engaging in business ventures that appear to have high risk.
Onanuga disclosed that Governor Akinwunmi Ambode had, on the 22nd of February, 2019, signed into law the amendment of the Lagos State Pension Reform Law which increased the contribution rates under the Contributory Pension Scheme to 18%, adding that issuance of identification cards to retirees will commence in April 2019.
Explaining the increase in contribution rates, the Director-General said the State Government's portion has now been increased to 10% from 7.5% whilst employees’ contribution is 8% from 7.5% make more funds available to employees who retire from the State’s Public Service.
Recall that from April 2007, the State had transited to the Contributory Pension Scheme and had consistently remitted contributions into employees Retirement Savings Account.
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