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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OLD, NEW NAIRA NOTES TO CO-EXIST TILL FURTHER NOTICE- SUPREME COURT. (PHOTO).

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Old, new naira notes to co-exist till further notice – Supreme Court

The Supreme Court has granted the request by the Federal Government for the extension of the lifespan of the N200, N500 and N1000 notes that were redesigned under the immediate past administration of President Muhammadu Buhari.

In a ruling on Wednesday morning, a seven-member panel of the apex court, led by Justice John Okoro, ordered that the old notes remain legal tender until necessary facilities are put in place for their replacement.

The old notes, the apex court ordered, ”shall co-exist as legal tender with the new/redesigned ones”.

The ruling was on a motion by the Fed Govt, which was moved on Wednesday by the Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN), who was accompanied by the Acting Director, Civil Appeals, Federal Ministry of Justice, Tijani Gazali (SAN).

The court, in the ruling, reviewed its earlier order that the old notes should cease to be legal tender by the last day of December 2023 and in its place, issued an order “that the old versions of 200, 500, 1000 naira notes/currency shall continue to be legal tenders alongside the new or designed versions until the government decides to bring the circulation of the old versions to an end after its consultation with critical stakeholders and after putting all required structures in place.”

Other members of the panel are Justices Uwani Aba-Aji, Helen Ogunwumiju, Ibrahim Saulawa, Adamu Jauro, Tijani Abubakar and Emmanuel Agim.

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