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...

PMS MAY SELL FOR N150 PER LITRE THIS AUGUST AS MARKETERS ARE PUSHING FOR AN UPWARD REVIEW.{PHOTO}.

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     This is coming after the Petroleum Products Pricing Regulatory Agency (PPPRA ) announced an increase of the product to a band of N140.80 to N143.80 per litre in July. Prior to the July 1 hike, the agency had approved price band of N121.50 to N123.50 per litre for the product on May 1.
However a source who spoke to The Nation said marketers are seeking a further increase in the price of PMS due to the soaring price of crude oil in the international market. It was further learnt that Brent Crude which sold for $43.24 per barrel in July, is currently selling for $44.03 per barrel.
The source said...
“We are now in the meeting to fix a new petrol price for the month of August.
“We are asking the PPPRA to approve N150 per litre because the prices of crude oil have increased and there is no subsidy on the product.
“You will hear the announcement of the new price around four o’clock today (Tuesday ).”.
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