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 WARNS MINING COMPANIES ON COMPLIANCE TO COMMUNITY DEVELOPMENT AGREEMENTS. (PHOTOS).

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 FG WARNS MINING COMPANIES ON COMPLIANCE TO COMMUNITY DEVELOPMENT AGREEMENTS 



Federal Government has warned mining companies and licensed holders to  comply with the new revised Community Development Agreements ( CDA) or stand  the risk of revocation of their licenses by the Ministry of Solid Minerals Development. 


''Any Company that fails to sign the community development agreements stands the risk of having his license revoked''.


The Minister of Solid Minerals Development Dr Dele Alake gave the warning while delivering his keynote address at the BUSINESSDAY Solid Minerals Conference in Abuja with the theme ''Digging Deeper: Diversifying Nigeria's Economy For Wealth Creation'' .


Dr Alake explained that the essence of CDA  launched by the Ministry last year  was to engender a peaceful environment for mining operations to thrive, between the Communities, Federal government and mining companies and  frowned at the low level  of compliance   by mining companies to the CDA guideline 


'' I wish to note, with dismay, that only 18 companies signed CDAs with their communities last year. We hope to enforce the implementation of the revised guidelines in the new year and those found wanting will face stiff penalties'', Dr Alake stated.


While commending the  publishers of Businessday for initiating the conference; Dr Alake said ,  the Businessday Solid Minerals Conference will help enlighten the   Nigerian press about the structure and  needs  of the sector .


The Minister was optimistic on the  practicability of the adopted Seven-Point agenda given to  the Ministry by the Federal Executive Council as the administration's policy to reposition the sector for international competitiveness.


Dr Alake added that the establishment of the Nigerian Solid Minerals Corporation, Exploration  Data, Security and Safety of Mining, Domestic and International Investment Promotions, Support for Artisanal Co-Operatives and Campaign Against Illegal Mining, Value Addition for Industrial Transformation and Financial Stability was part of efforts to achieve  the objectives of transforming the sector, in line with the Renewed Hope  Agenda of President Bola Ahmed Tinubu led administration.


Earlier , the Publisher of Businessday, Mr Frank Aigbogun, who extolled the noble  initiative of the BUSINESSDAY Solid Minerals Conference, said it brought together key players in the sector, like lawyers and  financial bodies to ensure  the growth and expansion of the solid minerals sector for significant  investment.


He said:'' We believe that together, with the Minister of  Solid Minerals and his team, we can move the Solid Minerals Ministry to a level even beyond that we now imagine for the Ministry of Petroleum.''.

More photos below. 



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