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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UKRAINE ESTIMATES $565BN AS COST OF DAMAGE CAUSED BY RUSSIAN INVASION. (PHOTOS).

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Ukraine Estimates $565bn As Cost Of Damage Caused By Russian Invasion

The Ukrainian government estimated Monday the economic damages losses from the Russian invasion, which has been underway for just over one month, at nearly $565 billion.
Economy Minister Yulia Svyrydenko said on Facebook that the $564.9-billion (515.8-billion-euro) estimate includes immediate damage plus expected losses in trade and economic activity.

"It should be noted that every day the numbers change and unfortunately they are increasing," said Svyrydenko, who is also a deputy prime minister.

Damage to public and private property -- with Russian forces resorting to fierce bombardments that have levelled some cities as their invasion, which began February 24, has stalled -- was the biggest element.

Svyrydenko said public infrastructure losses -- including damaged roads, railways and airports -- totalled $119 billion, while damage to private property including housing was up to $90.5 billion.
Damages and losses suffered by private firms were put at $80 billion.

Svyrydenko estimated gross domestic product in 2022 would be down by $112 billion, which would be a drop of more than 55 percent of Ukraine's economic activity last year.
Ukraine's government will likely miss out on $48 billion in tax revenue, $54 billion in foreign direct investment will likely not materialise.

AFP

Photo Credit: ForeignPolicy.
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