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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NIGERIA, WORLD BANK TO STRENGTHEN BILATERAL TIES- EDUN. (PHOTO).

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 Nigeria, World Bank to strengthen bilateral ties – Edun


The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun says  Nigeria and the World Bank are working toward strengthening mutually beneficial bilateral relations.

Edun said this when he received  the World Bank Managing Director of Operations, Ms. Anna Bjerde, who was on on a two-day visit to Nigeria.

The News Agency of Nigeria (NAN) reports that Bjerde’s visit is in furtherance with the bank’s engagement with Nigeria on critical aspects of the development agenda.

Edun urged more support for the country, while expressing the hope that the multilateral institution would appreciate the country’s reform efforts.

“The World Bank has been part of the progress report and we commend all their efforts,” he said.

Earlier, Bjerde said that she was in Nigeria to further the World Bank’s engagement on critical aspects of the country’s development agenda

She said that the World Bank had  more than 30 projects in Nigeria, adding that her visit would afford her the opportunity to also take stock of the ongoing projects.

The Minister of Budget and Economic Planning, Sen. Atiku Bagudu expressed appreciation to the World Bank for its continuing support for Nigeria.

Bagudu said that President Bola Tinubu’s administration embarked on one of the biggest reforms, adding that the 2024 budget would reduce deficit for the first time in recent years.

He also called for more support from the World Bank.

Also speaking, the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso commended the World Bank for its support to the country over the years.

He said that the World Bank’s support was not only in terms of dollars and cents, but also through the huge knowledge, which would be beneficial to the country.

“We look forward to more collaboration,” Cardoso said.

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