Adeleke Inaugurates 5-Man Committee On State Security Trust Fund—-Gov. Ademola Adeleke of osun has inaugurated a five-man committee to work out modalities for the establishment of Security Trust Fund in the state.
Adeleke said this in a statement in Osogbo on Monday by his Spokesperson, Malam Olawale Rasheed.
The governor stated that the security trust fund was part of efforts to secure lives and property of residents of the state.
He said that the establishment of the security trust fund was in response to logistic and operational needs of the various security services in the state.
According to him, the Fund will be operated on a Public-Private Partnership (PPP) model in close collaboration with corporate organisations, 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 institutionalise an enduring public private partnership approach to the resource problems of security institutions’’, he said.
The governor, who commended security operatives for their efforts in safeguarding lives and property in the state, said that he recently discussed close partnership with the Inspector General of Police, Kayode Egbetokun, in Abuja.
“We must ramp up protection of lives and property. 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”, he said.