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 VS NMDPRA : NO INVESTOR WILL TRUST A NATION THAT UNDERMINES ITS KEY ASSETS- ATIKU. (PHOTO).

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 Dangote Vs NMDPRA: No Investor Will Trust A Nation That Undermines Its Key Assets – Atiku


Former Vice-President Atiku Abubakar has waded into the controversy between Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), saying no investor will trust a nation that undermines its key assets.


The opposition leader in a post on his verified verified Facebook account posted that the 650,000 bpd refinery is essential for our energy needs and economic stability, saying it is essential to drive the nation’s economy.


He said the ongoing impasse is capable of affecting foreign direct investment to the country.


Recall that Aliko Dangote had earlier disclosed how a cabal was blocking his moves to import crude and how it has been difficult to get products.


But the situation took a worse turn when the NMDPRA said the government was yet to license the Dangote refinery to begin operations, even casting aspersions at the quality of the product.


At an interactive session with House of Representatives members led by the speaker at the weekend, Dangote countered the claim, saying the diesel from his refinery is of a very high standard.


Commenting on the rift, Atiku said, “The conflict between Aliko Dangote and NMDPRA is troubling. The Dangote Refinery, our nation’s largest private investment, is crucial for Nigeria’s energy and economic stability.


“The 650,000 bpd refinery is essential for our energy needs and economic stability, and NNPCL’s investment underscores its importance. If we neglect this, we risk deterring vital foreign direct investment.


“No investor will trust a nation that undermines its key assets. Protecting significant investments like Dangote’s is essential to attract FDI and drive our economic growth.”

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