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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DANGOTE CRASHES DIESEL PRICE, SETS DATE TO SUPPLY PETROL. (PHOTO).

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 Dangote crashes diesel price, sets date to supply petrol


Dangote Petroleum Refinery has forced down the pump price of Automotive Gas Oil, a.k.a diesel to around N1,350/litre in some locations across the country following its own price of N1,225/litre.

The price of the product had risen to about N1,700/litre before the current fall.

The $20bn worth refinery started pumping out diesel to the domestic market last Wednesday.

According to the newspaper, the company sold a minimum of one million litres to each registered oil marketer that got the product from the plant since it commenced diesel sale.

Officials of the multi-billion dollar plant and oil dealers confirmed that the product was dispensed to marketers at between N1,225/litre and N1,300/litre depending on the volume of purchase.

This came as it was also gathered that the refinery would start releasing Premium Motor Spirit to the domestic market in May this year.

“They started pumping out diesel to marketers last week. They also promised to sell aviation fuel soon. Some of my members confirmed this to me after making the purchase.

“So some of our marketers have started getting the product, but as an association, we have not got the product yet, because we want to get the actual rate that it will be sold to us when we buy in bulk. However, they have started selling diesel because some of our marketers have started buying.

“They are selling at N1,225/litre and the minimum volume they are giving is one million litres per marketer. Also, they assured us that they will release more products but for now, this (diesel) is what they are starting with. So we are expecting them to release PMS anytime from now,” National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi told Newsmen. 

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