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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REPS TO GO AFTER 5,000 COMPANIES OWING NIGERIAN GOVT N5. 2 TRILLION IN UNPAID TAXES. (PHOTO).

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 Reps to go after 5,000 companies owing Nigerian Govt N5.2 trillion in unpaid taxes


The House of Representatives has mandated its committees to investigate the non-remittance of N5 trillion to the Federal Government by some businesses operating in Nigeria.


The decision to go after the tax defaulters followed the adoption of a motion moved by Esosa Iyawe on Thursday during plenary.


The House resolved to mandate the Committees on Public Account and Finance to probe the non-remittance by the organizations and recover the money owed the government.


Moving the motion, Iyawe said 5,000 companies owe the Federal Government N5.2 trillion between 2015 and 2019.


He said that there is another report stating that in 2021, some companies failed to remit over N17 billion.


“Audit reports from 2015 to 2019 which revealed government agencies owing hundreds of billions in FIRS taxes comprising underpayments and under-recoveries and over 5,000 Companies and Ministries, Departments and Agencies (MDAs) of the Federal Government owing (N5.2 Trillion) (five trillion, two hundred billion, Naira in withholding taxes,” he said.


He stated that some of the culprits are multinational corporations that the Federal Government is treating with kid gloves, while small businesses are subjected to multiple taxes.


The motion was taken unanimously without opposition.


The House directed the committees to report back to the in four weeks.

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