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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NIGERIAN GOVT REOPENS SAHAD STORES. (PHOTO).

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 Nigerian govt reopens Sahad Stores


The Federal Competition and Consumer Protection Commission, FCCPC, has reopened the head office of Sahad Supermarket, previously sealed for customer extortion and lack of transparency in price fixing.


In a statement on Saturday in Abuja, the Acting Executive Vice Chairman of FCCPC, Dr Adamu Abdullahi, said the reopening followed a mutual understanding and commitment from the store to implement transparent pricing practices.


According to him, the commission was aware that similar practices might be happening at other Fast-Moving Consumer Goods, FMCG, outlets nationwide.


He admonished supermarkets or outlets engaging in customer extortion to desist from such practices immediately to avoid consequences.


“Businesses are expected to display transparent pricing information to empower consumers to make informed purchasing decisions, especially during challenging economic times.


“The FCCPC remains committed to combating all forms of exploitative or misleading practices that undermine consumer rights,” he said.


The commission had sealed the supermarket on Friday for customer extortion and lack of transparency in prices.

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