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HomeBusinessNigeria: Kaduna State Government To Establish Security Trust Fund

Nigeria: Kaduna State Government To Establish Security Trust Fund

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Kaduna State House of Assembly Complex

 

By Juliana Katung

The Kaduna State House of Assembly has adopted a report on a bill to establish the Kaduna Security Trust Fund
.

The report on the bill and for other connected purposes,2018 was presented by the committee on finance to the House which was earlier scheduled to resume on the 31st of July 2018.

Presenting the report, its Chairman, Bello Gimi stated that the purpose of the bill was to establish a fund agency to be known as the security trust fund which shall be the depository of all monies received when signed into law.

“That, part of the objective of the trust fund is to provide money for the acquisition and deployment of security equipment, material and financial resources, which shall be necessary for the effective functioning of all federal, state, local government, as well as other security agencies operating in the the state.

“Other parts of the fund shall be reserved for training and retraining of security personnel in the state by the state
government.”

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