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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I WILL SOON START EARNING REVENUE THAT IS HIGHER THAN GHANA’S GDP FROM ALL MY COMPANIES- DANGOTE. (PHOTO).

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I Will Soon Start Earning Revenue That Is Higher Than Ghana’s GDP From All My Companies — Dangote

Aliko Dangote the Chairman of Dangote Group has said that his plans is to shore up his total revenue above the size of Ghana’s GDP by the time his factories begin to work in full capacity.

Dangote made the disclosure while narrating the difficulties he has faced in the last four years when he was building his 360,0000 barrels per day refinery in Lagos.

Dangote is launching the refinery which is the largest single train refinery on May 22 this year which Nigeria relies on to curb billions of dollars spent on the importation and swap of petroleum products.

Dangote said, “We knew what we were targeting and our target is by the time we finish all these and we get to our own capacity, we will move our total group revenue from $5bn to $27bn which is equivalent to Ghana’s GDP.

“A lot of people just talk about our refinery but don’t know what we went through. First of all, to make the land suitable because of climate change, we had to raise the land by 1.5 metres but then when you talk about land is it just land no? Our land is 7 times that of Victoria Island (VI).



 

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