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...

PROTEST COST ECONOMY N500BN - TRADE MINISTER SAYS. (PHOTO).


 Protest cost economy N500bn - Trade Minister says.


The Minister of Industry, Trade and Investment, Dr. Doris Uzoka Anite has said  that the "End Bad Governance in Nigeria" protest cost the economy an estimated N500 billion.


In a post shared on her official X handle, she lamented the deaths because of the protest and other damages caused by the protests.


According to her, around N52 billion worth of goods were destroyed while the death toll from the protest had reached 21.


She added that the lootings from the protest are a setback to businesses and entrepreneurs across the country.


She said, “The loss of lives during the protests is saddening. My thoughts are with the families affected. The looting, resulting in billions lost, is a severe setback for our economy and entrepreneurs. Let’s honour those we’ve lost by striving for more peaceful and constructive dialogue.”

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