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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NERC FINES DISCOS N9.11BN FOR OVERBILLING.(PHOTO).

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 NERC fines DisCos N9.11bn for overbilling


The Nigerian Electricity Regulatory Commission (NERC) has fined the 11 electricity Distribution Companies (DisCos) 9.11bn for overbilling their customers under estimated billing.


The fine was contained under the September 2024 Supplementary Order of the Multi Year Tariff Order of 2024.


A review of the documents showed that Abuja Disco had the most fines with N1.69bn, followed by Eko Disco with N1.41bn while Ikeja Disco was fined N1.41bn.


Others include Jos Disco with N1.33bn; Port Harcourt Disco, N1.16bn; Benin Disco, N804m; Enugu Disco, N310m; Ibadan Disco, N15m; Kaduna Disco, N115m; Yola Disco, N54m; Kano Disco N20m and Ibadan Disco, N15m.


Issued on August 30, the order, signed by NERC Vice Chairman, Musiliu Oseni, and Commissioner for Legal, Licensing and Compliance, Dafe Akpeneye, follows a comprehensive investigation into the Discos’ billing practices.


This penalty, NERC noted, is a response to the Discos’ non-compliance with previous directives aimed at capping estimated billing for electricity consumers.


With the measures, Discos are required to enhance their service delivery and adhere to service-based tariffs.


Also, the companies must publish explanations on their website within 24 hours if they fail to provide a committed level of service on Band A feeders for two consecutive days.


This initiative, NERC noted, would bolster the reliability of electricity supply within their service areas.

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