…as governor’s brother, Deji Adeleke, contributes N500m
The Osun State Government has donated N300 million to kickstart the State Security Trust Fund, Governor Ademola Adeleke, on Thursday, announced.
The governor, who spoke at the launch of the Fund held in Osogbo, said the Fund would support efforts to strengthen security infrastructure across the state.
Governor Adeleke described Security Trust Fund as a matter of necessity considering the security climate in Nigeria and Osun State, clarifying that it is neither a political project nor a self-serving policy.
”This is a necessary policy to secure our people. Only an irresponsible government will abandon the PPP arrangement that is working so well in Lagos, Kaduna, River states among others. Ours is a responsible leadership with people – oriented innovations, policies and programmes.
”This Fund is designed to provide sustainable funding for modern security infrastructure. Through this Fund, we establish a modern Situation Room with real time CCTV surveillance. We will continue the provision of operational tools required by our security agencies”, he said.
Governor Adeleke called for partnership from the private sector, financial institutions, development partners, professional bodies, and all sons and daughters of Osun State.
Earlier, Teslim Igbalaye, Secretary to the State Government and Vice Chairman of the Implementation Committee of the Osun State Security Trust Fund, said security could not be left in the hands of Government alone, adding: “It is a collective responsibility to ensure that any meaningful action taken to protect the citizens is supported and embraced as part of the broader need to keep Osun an attractive destination for growth and investment.”
The SSG stressed the Committee’s commitment to ensuring that all funds contributed are transparently managed, properly accounted for, and judiciously utilized in line with global best practices.
He, therefore, appealed to all partners, including commercial ventures, banks, insurance companies, miners, market associations, labour unions, private individuals, hotels, schools, and others, to support the.important cause.
Leading the donations was billionaire businessman Deji Adeleke, who contributed N500 million to the Fund. Other donors included Olumide Osunshina and Rotimi Ibidapo, who each donated N50 million, while several individuals and corporate entities contributed undisclosed amounts.
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