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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LASG ORGANISES WORKSHOP FOR INTENDING RETIREES.(PHOTOS).#PRESS RELEASE

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LASG ORGANISES WORKSHOP FOR INTENDING RETIREES


… Urges Participants to Invest Wisely

The Lagos State Ministry of Finance, in collaboration with Nigeria Insurer Association, has organised a workshop for intending retirees with an appeal to start preparing themselves mentally before retirement and the need to invest their retirement benefits wisely.

The Permanent Secretary, Ministry of Finance, Mr. Sewanu Temitope Hundogan, who made the appeal in his address at the event, described retirement as a major life change which most people do not prepare for.

He reiterated the need for them to be aware that it takes a lot of time than most people think to get used to the idea of retirement, stressing that it can not be done within months talkless of weeks, So, it is advisable to start preparing yourself mentally for it as early as possible.

In his words, “You must know what you want to do in retirement by preparing adequately for it with your spouse and other members of your family. So, preparing well in advance will make your transition into retirement less stressful”. 

Hundogan applauded Governor Babajide Sanwo-Olu for creating an avenue for those preparing for retirement, He added that retirement is what everyone will go through in Life, which is why this type of workshop is organised to enlighten and prepare intending retirees for their life in retirement.

The Permanent Secretary further encouraged the participants to make sure their financial plan for retirement is up-to-date and on the right track, adding that it must include having a budget plan for the dreams and projects that the retiree plans to do while in retirement. 

He said, “If you’ve figured out how you want to spend time in retirement, you also need to check if your financial plan backs up your fun plan. You don’t want to retire with a head full of dreams and not be able to afford it. So, it is necessary you guide against loss, unrealistic and dubious investments while preparing for the journey ahead.

“Doing a job well gives you satisfaction, a worthy, useful and accomplished feeling, but once you retire, all go away. As such, you need to discover a new purpose in life to make it meaningful. Always pray, analyse, keep fit and invest wisely. Retirement is a huge milestone in a person’s life, celebrate and make it even more memorable", Hundogan advised.

 One more photo below. 


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