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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ALAKE PRESENTS GOLD BARS TO PRESIDENT TINUBU, SAYS SECTOR WILL BOOST NAIRA VALUE. (PHOTOS).

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 ALAKE PRESENTS GOLD BARS TO PRESIDENT TINUBU, SAYS SECTOR WILL BOOST NAIRA VALUE


Solid Minerals Development Minister, Dr. Dele Alake has commended President Bola Tinubu for supporting reforms in the solid minerals sector, assuring that the National Gold Purchase programme will increase the country’s reserve and boost the naira’s value.


Presenting the latest gold bar sourced from artisanal and small gold miners and refined by an agency of the Ministry, the Solid Minerals Development Fund (SMDF), to meet the London Bullion Market Association Good Delivery Standard recently, Alake said the refined gold would be sold to the Central Bank of Nigeria (CBN) to bolster foreign reserves.


Explaining to President Tinubu the significance of the event, Alake said it marked the first commercial transaction under the National Gold Purchase Program (NGPP), the centralised offtake scheme supported by a decentralised aggregation and production network of artisanal and small-scale miners and cooperatives.

More photos below. 




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