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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REMOVAL OF VAT, IMPORT DUTIES ON MEDICAL SUPPLIES CHANGED NOTHING- SHEHU SANI. (PHOTO).

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 Removal of VAT, import duties on medical supplies changed nothing – Shehu Sani


Former lawmaker, Senator Shehu Sani has suggested that the removal of the customs duties on imported drugs has not reflected in the prices of medical supplies.


Sani said even with the policy, there has not been a drop in prices of drugs at the pharmaceutical shops despite President Bola Tinubu signing an executive order to suspend import duties.


“The removal of the customs duties on imported drugs has not resulted to a drop in prices of drugs at the pharmaceutical shops,” the ex-lawmaker posted on X on Sunday.


DAILY POST reported that Tinubu in June signed an executive order to suspend import duties and value-added tax on essential medical supplies imported into the country.


This was aimed at easing the high cost of locally producing pharmaceuticals, diagnostics, and medical devices such as needles and syringes, among others.


Minister of Health and Social Welfare, Muhammad Ali Pate, who announced the development said: “The order is pivotal to the success of the Initiative for Unlocking the Health Care Value Chain which was approved in October 2023 by the President.


“The order introduces zero tariffs, excise duties and VAT on specified machinery, equipment and raw materials, aiming to reduce production costs and enhance our local manufacturers’ competitiveness.”

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