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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FG EARMARKS N17BN FOR PRESIDENTIAL AIR FLEET, YACHT IN SUPPLEMENTARY BUDGET. (PHOTO).

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FG earmarks N17bn for presidential air fleet, yacht in supplementary budget

   
The federal government has earmarked N12.7 billion for the presidential air fleet in the 2023 supplementary budget.

The figure is in the recurrent expenditure of the office of the national security adviser (ONSA) with a total budget of N29.7 billion.

Other items in the budget proposed for the ONSA are the settlement of outstanding annual service legal agreement and bandwidth subscription for ONSA intelligence platforms (N4.7 billion); and operation MAD Thunder-NSA (N10 billion).

The ONSA said it would spend N2.2 billion as “part settlement of outstanding liabilities for procurement of treated/operational vehicles for State House and ONSA”.

Budgetary allocations to the presidential air fleet have historically elicited outcry from Nigerians, given the rising cost of maintenance.

TheCable had reported that Nigeria budgeted N73.3 billion for the presidential air fleet from 2011 to 2020. As of 2015, the number of jets in the presidential fleet stood at 10.

In 2016, former President Muhammadu Buhari promised to sell two of the jets to save costs.

The presidential fleet already received a N13 billion allocation in the 2023 approved budget.

N5BN FOR YACHT

The federal government also intends to spend N5 billion for the purchase of a presidential yacht. The proposed sum is under the capital expenditure of the Nigerian Navy’s budget.

According to the document, the navy will require N62.8 billion for its operations — with recurrent expenditure and capital expenditure gulping N20.4 billion and N42.3 billion, respectively.

On Monday, the federal executive council (FEC) approved the submission of a supplementary budget of over N2.17 trillion to the national assembly.

Following the president’s request for a “speedy” consideration and approval of the appropriation bill, the house of representatives and senate speedily passed the bill for a second reading.

A green light from the national assembly on the supplementary budget will raise Nigeria’s total 2024 budget to N28.17 trillion.

 

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