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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NAIRA ABUSE: COURT ADJOURNS CUBANA'S TRIAL TILL JUNE 5.(PHOTO).#PRESS RELEASE.

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 Naira Abuse:  Court Adjourns Cubana’s Trial till June 5


Justice  Kehinde Ogundare of the Federal High Court sitting in Ikoyi, Lagos, on Thursday,  May 2,  2024 adjourned further hearing in the trial of   Pascal Okechukwu, a.k.a. Cubana Chief till June 5,  2024.

Okejukwu was arraigned on Wednesday, April 17, 2024 by the EFCC on a three-count charge bordering on abuse of the Naira.


One of the counts reads: That you, Okechukwu Pascal, on 13th February, 2024, at Eko Hotel Hotel, Victoria Island, Lagos, within the jurisdiction of this Honourable Court, while dancing during a social event, tampered with funds in the denomination of N500(Five Hundred Naira) issued by the Central Bank of Nigeria by spraying, thereby committed an offence contrary to and punishable under Section 21(1) of the Central Bank Act, 2007.”


Another count reads: “That you, Okechukwu Pascal, sometime in 2020, in Lagos, within the jurisdiction of this Honorable Court, during a social event tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours and you thereby committed an offence contrary to and punishable under Section Section 21(1) of the Central Bank Act, 2007.”


At the resumed sitting of the court on Thursday, , Okechukwu  through his lawyer, Chikaosolu Ojukwu, SAN, told the court about a plan of his client to enter a plea bargain with the EFCC.


Ojukwu also sought to withdraw his  earlier preliminary objection filed on April 24, 2024, challenging the jurisdiction of the court to entertain the charge. "In the interest of justice, we are urging the court to strike out the motion because the prosecution has not responded to it,” he said.


The prosecution counsel did not oppose the withdraw of the application.


Consequently, Justice Ogundare struck out the application, having been withdrawn by the defence, and also  adjourned the case till June 5, 2024.


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