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...

SUPREME COURT REJECTS JOE BIDEN’S PLAN TO WIPE AWAY $400 BILLION STUDENT-LOAN DEBT.(PHOTO).



Supreme Court rejects Joe Biden’s plan to wipe away $400 billion student-loan debt

July 1, 2023
    
Supreme Court rejects Joe Biden’s plan to wipe away $400 billion student-loan debt
Asharply divided Supreme Court on Friday effectively killed President Joe Biden‘s $400 billion plan to cancel or reduce federal student loan debts for millions of Americans. “This fight is not over,” he said.

The 6-3 decision, with conservative justices in the majority, said the Biden administration overstepped its authority with the plan, and it leaves borrowers on the hook for repayments that are expected to resume in the fall.

Associated Press (AP) reports that the court held that the administration needed Congress’ endorsement before undertaking so costly a program. The majority rejected arguments that a bipartisan 2003 law dealing with national emergencies, known as the HEROES Act, gave Biden the power he claimed.

Biden, who once doubted his own authority to offer student loan forgiveness, said later Friday he would push ahead with a new debt relief plan while blaming Republican “hypocrisy” for the decision that wiped out his original effort.

The president said he would work under the authority of the Higher Education Act to begin a new program designed to ease borrowers’ threat of default if they fall behind over the next year.

The Supreme Court ruling was blunt in rejecting Biden’s first plan.

 

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