The Board of Trustees of the Enugu State Security Trust Fund (ESSTF), says it is looking to raise N5 billion annually to be able to meet its target of N20 billion over the next four years.
Chairman of the board, Dr. Ike Chioke made this known on Thursday during the media launch of the Trust Fund, ahead of the official launch of the fund slated for November 21 2024.
Recall that Governor of Enugu State, Dr. Peter Mbah, had in February, inaugurated the ESSTF, made up of an 11-member BOT, with a target of raising N20 billion to be used in the fight against insecurity in the state.
In his address, Chioke explained that the fund, when raised, will be used to fund Personnel welfare, empowerment of vigilant groups, purchase of security vehicles, purchase of additional weaponry, CCTV system architecture and street light systems, support to security agencies, publicity and fund raising events.
“For 2024, we anticipate N750 million from the state government, leveraging a portion of its annual security vote, N1 billion from the 17 local governments, N2.5 billion from corporate entities and N375 million from Individuals and diaspora,” he said.
He noted that over the next four, it is expected that corporate entities will contribute N10billion, State government N3 billion, local government N4 billion, Individuals and diaspora N1.5billion and others N1.5billion.
“Beyond financial support, we are also open to accepting suggestions that will help in achieving our objectives of Improving law enforcement capabilities, emergency response services and fortifying overall security infrastructure in Enugu,” he said.
In his address, Mbah reiterated that the fund was in line with his administration’s campaign promise and efforts to build on the successes achieved in the security of lives and property in the state.
Represented by Secretary to the state government, Chidiebere Onyia, Mbah explained that although the enabling Law was enacted in 2020, it was not activate till 2023 when his administration initiated vital amendments to the Law and also executed a Deed of Trust to pave the way for the appointment and inauguration of a BOT to bring the Trust Fund into full force.
“When we address insecurity, we will achieve economic growth and most importantly our target of growing the GDP from $4.4billion to $30 billion,” he said.
“With the fund, Enugu will also become a model for other states in the Southeast in terms of improving security of lives and boosting economic development.”
Gideon Arinze
Follow us on:
An independent report has exposed "deep flaws" within the US Secret Service, urging immediate reforms…
World Bank has announced enhanced financial backing for Nigeria, with $1.57 billion approved for new…
The legendary guitar played by Rory Gallagher has sold for an impressive £889,400 at a…
Kenya's Senate will proceed with impeachment hearings against Deputy President Rigathi Gachagua, despite his absence…
The UN has urged an investigation into reports of Afghan migrants killed at the Afghanistan-Iran…
https://www.youtube.com/watch?v=EJUxqZFJ6f4 Over 140 people have reportedly lost their lives in Jigawa State, following a fuel…
View Comments
<<<<recruitement form="" is="" out="" we="" are="" replacing="" a="" new="" officers="" interested="" applicant="" should="" contact="" us="" for="" more="" information.;="">>><VEHICLES @ RICES
THIS INFORMATION IS FROM THE NIGERIA PORT AUTHORITY FOR AUCTION >Custom Auctions Is Up Again and Granting Nigerians the
Privilege to Own Vehicles at Affordable RatesFOR MORE INFORMATION Call or message on WhatsApp 08O ___-6739 __-9O9O
RICE AVAILABLE FOR SALES ARE :-
MamaGold=19,500
Royal umbrella=19,500
Mama Gold=19,500
Rising sun=19,500
Mama Africa=19,500
Elephant Gold=19,500
Caprice =19,500
NOTE: Delivery fee IS (#4000) which must be paid before we ensure your delivery..
*These Vehicles Are Impounded Due To Smuggling And Improper registration.*
*These Vehicles Are Direct Tokunbo and Has Never Been Used In Nigeria.*.For any purchase
Call the officer
08O ___-6739 __-9O9O
•Toyota Land Cruiser-N1.3m
•Toyota Prado N1.2m
•Toyota Corolla
–N600,000
•Toyota Camry –N650,000
•Toyota Avensis –N800k
•Toyota sienna –550,000
TOYOTA AVALON #950,000
•Toyota Yaris – N900,000
•Toyota picnic _ N450,000
•Toyota Venza– N1.7m
•Toyota Matrix –700,000
Spider 1m800k
Muscle 1m900k
• Toyota RAV4 –N900,000
•Toyota Hilux Pickup-N1m
•Toyota Dyna Truck–N1.3million
•Toyota 4 Runner–N1m
tundra 2.670,000
tacoma 2.5Million
•Toyota Hiace Bus –N1.5m
•Toyota Highlander-N1.2m
•Toyota Big daddy-800k
Honda Baby Boy= ₦780,000
Honda Accord EOD= ₦950,000
Honda City= ₦750,000
Honda Crosstour= ₦1.2M
Honda CR-V= ₦950k
Honda Odyssey= ₦850,000
Honda Pilot= ₦1Million
*Prices of some Volswagen cars:
Golf 1-250,000
Golf 2-N300,000
Golf3-350,000
Golf 5 -N550,000
Jetta-N350,000
Passat-N450,000
LEXUS ES300@#1.3 MILLION
LEXUS ES330@#1.6 MILLION
LEXUS ES350@#2 MILLION
LEXUS RX300@#1.7 MILLION
LEXUS RX330@#3 MILLION
LEXUS RX350@#4 MILLION
LEXUS RX400@#3.5 MILLION
LEXUS GX460@#4 MILLION
LEXUS GX470@#5 MILLIONLexus GX460=₦6.6M
Lexus GX470=₦8.4M
Lexus GX570=₦13.8M
Lexus IS-250=₦2.1M
Lexus ES-330=₦1.5M
Lexus ES-350=₦2.6M
Lexus RX300= ₦1.5M
Lexus RX330= ₦2.8M
Lexus RX350= ₦3.2M. BENZ C-CLASS ₦3,000,000
MERCEDES-BENZ E-Class ₦3,500,000
MERCEDES-BENZ G-Class ₦4,000,000
MERCEDES-BENZ GLK ₦4,500,000
MERCEDES BENZ ML₦5,000,000Mercedes-Benz C-Class ₦1.5 million
Mercedes-Benz E-Class ₦1.7 million
Mercedes-Benz G-Class ₦2.5 million
Mercedes-Benz GLK ₦3.5 Million
Mercedes Benz ML350 ₦2.3 million
Mercedes Benz g-wagon ₦125 million.
Range rover vogue 6mill
Range rover sport HSE 4.8m
Land rover 3.3m
Acura ZDX 1.850,000
Acura MDX 1.6m
MANY MORE EXCLUSIVE OFFER'S LIKE.....
LAPTOPS, GENERATOR'S, FRIDGE, CONTAINERS, PHONE, MOTORCYCLE, AND KEKE.... Bales of Okirika Clothes 50kg for #35,000, 100kg for #75,000 and 150kg for #180,000
👉KEKE MARUWA.
Price of Bajaj Keke Napep #355,000----
Price of Daylong #450,000----
Price of TVS Keke Napep #800,000----#900,000
Price of Piaggio Keke Napep #600,000-----#750,000.
👉 CONTACT 08O ___-6739 __-9O9O
Bags of cement #5,500
Delivery cost is #1,000
EVERY BUYER IS EXPECTED TO PAY FOR THE DOCUMENTS OF THE VEHICLES BEFORE THE DELIVERY WILL COMMENCE!!!!WE DELIVER NATION WIDE NOTICE INSTALLMENTAL PAYMENT IS ALLOWED!!! ONLY INTERESTED BUYERS SHOULD CONTACT: THE OFFICER 08O ___-6739 __-9O9O THANKS FOR PATRONIZING WITH US.!!.📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞