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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SPECIAL ADVISER CALLS FOR REAL ESTATE SECTOR COMPLIANCE IN ANTI-MONEY LAUNDERING, COUNTERTERRORISM FINANCING EFFORTS . (PHOTOS). #PRESS RELEASE

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 SPECIAL ADVISER CALLS FOR  REAL ESTATE SECTOR COMPLIANCE IN ANTI-MONEY LAUNDERING, COUNTERTERRORISM FINANCING EFFORTS 



... Highlights Importance of Adherence to Regulations at EFCC Workshop


The Special Adviser to the Lagos State Governor on Housing, Barr. Barakat Odunuga-Bakare has emphasised the critical need for compliance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations within the real estate sector.


She expressed this view while speaking at a two-day workshop organised by the Economic and Financial Crimes Commission (EFCC), themed: "Developing Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Compliance Culture in the Real Estate Sector", in Lagos, recently. 


The Special Adviser, who was represented by the Director, Monitoring and Compliance Department, LASRERA, Mrs. Tope Akinbola underscored Governor Babajide Sanwo-Olu’s unwavering commitment to promoting transparency, accountability, and good governance in the real estate sector in the State. 


Odunuga-Bakare stated that the increasing rate of reported fraudulent practices and cases received by LASRERA signals a pressing need for vigilance and adherence to the regulatory framework. She stressed the significance of complying with both domestic and international laws governing Anti-Money Laundering and Combating the Financing of Terrorism to maintain the integrity of the real estate market.


The LASRERA Boss equally emphasised the importance of collaborative efforts among stakeholders, including government agencies, law enforcement bodies, civil society organisations, and the private sector, in combating corruption within the real estate sector.


She commended the EFCC for organising the timely workshop, providing a platform for constructive dialogue and knowledge exchange, just as she expressed gratitude to the Zonal Commander of Lagos State and other EFCC officials for their collaboration with LASRERA in ensuring the integrity of the real estate sector in the state.


The workshop served as an opportunity for participants to develop strategies to enhance AML/CFT compliance culture within the real estate sector, fostering a collective resolve to uphold principles of honesty, transparency, and accountability.


More photos below. 



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