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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FRC BEGINS VERIFICATION OF N2. 9TRN CAPITAL PROJECTS. (PHOTO).

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 FRC begins verification ofN2.9trn capital projects


The Fiscal Responsibility Commission (FRC) is set to begin physical verification of selected Federal Government capital projects valued at N2.9 trillion across the six geo-political zones of the country.

According to a NAN report, the Executive Chairman of the commission, Victor Muruako, made this known in a statement by Bede Anyanwu, Head, Strategic Communication Directorate in Abuja on Saturday.

Muruako enjoined the officials who would be going for the exercise to carry out the assignments with great diligence and a sense of purpose as the exercise is one of the core mandates of the commission.

“Ensure that you verify the actual existence of the projects as well as monitor the progress of the work done so far.

“The verification exercise is further designed to give a fillip to President Bola Tinubu’s renewed hope agenda in the area of prudence, value-for-money and transparency.

“The effort is to meet the yearnings of the people,” he said.

The chairman said that the verification must also be done within the ambit of the Medium Term Expenditure Framework (MTEF).

According to him, the reason for this verification exercise is to ensure that the government embarks on projects that it can fund.

He said that the verification exercise is also to determine projects that need funding in line with the completion targets. “With the MTEF cases of abandoned projects will cease to exist.

“The aim is to reduce approvals for new capital projects for Ministries, Departments and Agencies (MDAs), where the existing indebtedness to contractors is in billions of Naira, to the barest minimum,” he said.

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