Osun Govt. unveils N300m security trust fund to tackle insecurity
Fund
By Temitope Ponle
Osogbo , April 23, 2026 (NAN) The Osun Government on Thursday unveiled a Security Trust Fund with an initial N300 million to tackle insecurity in the state.
Speaking at the unveiling in Osogbo, Gov. Ademola Adeleke described the initiative as a necessity in view of the prevailing security challenges in Nigeria and Osun.
Adeleke called for partnerships and assured stakeholders of accountability, transparency and due process in the management of the fund.
He said the fund was designed to provide sustainable financing for modern security infrastructure.
“The Security Trust Fund is neither a political project nor a self-serving policy.
“This is a necessary initiative to secure our people.
“Through this fund, we will establish a modern situation room with real-time Closed Circuit Television (CCTV) surveillance.
“We will also continue to provide the operational tools required by our security agencies,” he said.
The governor noted that the process of establishing the trust fund had been abandoned by the previous administration but was revived by his government to enhance security in the state.
“Our government decided to revive the initiative by updating the law and organising its launch today.
“Only an irresponsible government would abandon a public-private partnership (PPP) arrangement that is working well in Lagos, Kaduna and Rivers states, among others.
“Ours is a responsible leadership with people-oriented policies and programmes,” he said.
Adeleke commended security agencies for their dedication and sacrifice in maintaining peace across the state, and urged residents to see security as a shared responsibility.
The Secretary to the State Government, Teslim Igbalaye, said security remained a collective responsibility and urged citizens to help sustain Osun as an attractive destination for growth and investment.
Igbalaye, who is also the Vice Chairman of the fund’s implementation committee, said the initiative would support the provision of critical security infrastructure.
He noted that adequate funding of security was crucial and described the public-private partnership model as a vital step toward achieving that goal.
“We are committed to ensuring that all contributions are transparently managed, properly accounted for and judiciously utilised in line with global best practices,” he said.(NAN)www.nannews.ng