Local News

Osun Govt Set For State Security Trust Fund

VOICE AIR MEDIA, News Update

As part of efforts to secure lives and property of residents in Osun State, Governor Ademola Adeleke has directed the establishment of a State Security Trust Fund as a matter of urgency.

In response to logistic and operational needs of the various security services, the Governor directed a committee of five to work out the modalities for the take off of the fund as quickly as possible.

In a statement signed, by Mallam Olawale Rasheed,
Spokesperson to the State Governor, Adeleke hinted that the Fund will operate on a public-private Partnership model in close collaboration with corporate organizations, business communities, industrialists and critical stakeholders.

The Fund will be deployed for the provision of material and logistic support for security operatives in the State.

To instill confidence and achieve set goals, the committee will include members of the security services with a view to proffering solutions to security challenges facing the state.

Members of the Organised Private Sector will also be included to serve as a vehicle to institutionalize an enduring public private partnership approach to the resource problems of security institutions.

The Governor who commended security operatives for their painstaking efforts in safeguarding lives and property in the State noted that he recently discussed close partnership with the Inspector General of Police in Abuja.

“ We must ramp up protection of lives and properties. We cannot achieve this goal without properly equipping and strengthening our security services. Our administration is committed to achieving a fully secured state to complement ongoing reconstruction and recovery process in the state.

“ But the operational and logistics needs of our security agencies are enormous. So our best approach is a PPP arrangement through a State Security Trust Fund. We seek the buy in of the private sector. The implementation committee will soon roll out modalities for the actualisation of this policy”, the Governor was quoted as saying.

VAM News

Recent Posts

Petrol: Depot prices surge despite NNPC cut

There are indications that domestic petroleum product prices could rise further as petrol depot prices…

45 minutes ago

Bollywood Actor Known For Viral Comedy Meme, Dies

Veteran Indian actor Nana Patekar, known for his intense, fiery performances on stage and in…

11 hours ago

How Several Nigerians in Canada Are Struggling to Make a Living

THE media personality and journalist, Dr. Kemi Olunloyo has sent shockwaves through the Nigerian digital…

16 hours ago

How States Got richer as Nigeria’s revenue rose under President Tinubu

The Washington-based World Bank has disclosed that revenues allocated to states, or subnational governments in…

20 hours ago

VIO Officer Crushed To Death In Ondo

NEWS UPDATE A Vehicle Inspection Officer has been crushed to death by a truck opposite…

21 hours ago

Nigerians react over INEC’s plan to use AI in 2027 electoral process

THE announcement on Tuesday by the Chairman of the Independent National Electoral Commission, INEC, Prof…

23 hours ago