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The Ogun State Governor, Prince Dapo Abiodun has disclosed that the launching of the States Security Trust Fund was a demonstration of his governments commitment towards ensuring that the people have a good life and pursue their legitimate businesses in a secured environment.
Prince Abiodun who disclosed this at the launching of a committee to oversee the amended Ogun State Security Trust Fund , said that the aim of the trust fund was to have a private sector driven program that would support the state government in addressing various security challenges facing the state.
” The aim of these security trust fund is to have the private sector support the government in addressing various security challenges facing our dear state, these new and reinvigorated trust fund will be responsible for sourcing and efficiently deploying resources towards achieving a safe and secured environment.
” It is our sincere belief that with these fund, our security will be further strengthened to provide a more secured environment where our people will live a more prosperous life,” he said.
He noted that the new security trust fund would be responsible for sourcing and efficiently deploying the resources towards achieving a safe and Secured environment, adding that it would be uncharitable to believe that the state could single handedly provide all the funds that would be needed to ensure the security of lives and property.
The helmsman said that the launching of the security trust fund was another approach towards giving the people, individuals and corporate organizations a window of opportunity to contribute towards the overall development of the state, adding that the people should have at the back of their mind that resources given towards actualizing a sound security network would be prudently used by the team set up to manage the states security trust fund.
The terms of reference for the committee are: to provide money for the acquisition and deployment of security equipments and such human material and financial resources that shall be necessary to prevent crime and preserve public security in the state, promote the efficiency of all the security agencies in the state, to hold for the benefit of all residents of the state, gift, property and money for the purpose of crime prevention and public security in the state.
Other terms are: to mobilize funding and resources in cash or kind from the public private, corporate, institutional or all other sources and to manage those resources in a transparent and accountable manner for the purpose of public security in the state, reserve part of the fund for the training and retraining of security personnel in the state and to do all other things and perform all other functions for the purpose of public security as contained in the Ogun State Security Trust Fund Law of 2011, as amended by the Ogun State Security Trust Fund amendment law of 2019.
In his response, the chairman of the Ogun State Security Trust Fund, Mr. Bolaji Balogun acknowledged the effort of the state governor, to have a secured state, describing him as a man of history, who came in as governor at the right moment.
Balogun disclosed that the Security Trust Fund Committee would work hard and not disappoint the state, adding that the activities of the states security trust fund would be transparently done.
The committee has Mr. Bolaji Balogun as Chairman, (Rtd AIG)Olushola Subair, Kamar, Chief Financial Officer, Access Bank,Seyi Kumapayi, Group Executive, Commercial Banking, First Bank, Seyi Oyefeso, Executive Director, Wema Bank, Wole Akinleye, while Mr. Opeyemi Agbaje would serve as the Executive Secretary.
