The Cross River State Government has modelled its Security Trust Fund after that of Lagos.
The state Governor Liyel Imoke said his administration decided to model the trust fund after that of Lagos State which, according to him, had been successful.
“When I brought about the idea of the trust fund, the Lagos State model came to my mind and we have been partnering with the Lagos State Security Trust Fund, a partnership that has brought us here today,” Imoke revealed at the unveiling of the trust fund on Wednesday.
Imoke decried the poor funding of security agencies in the country, adding that with such inadequate funding, it was impossible for security agencies to effectively tackle the growing security challenges in the country.
The governor, who spoke during the unveiling of the State Security Trust Fund, noted that there was the increasing need for the private sector to intervene and support the funding since it has become obvious that government alone could not tackle the problem of insecurity.
He maintained that the state would not be able to continue to shoulder the responsibility of securing lives and property without the understanding and cooperation of the public, especially those with investments in the state.
Imoke, however, solicited for the contribution of the private sector towards the success of the State Security Trust Fund initiated by his administration so as to sustain the peaceful image of the state.
“Government alone cannot tackle the problem of insecurity. There is need for business owners in the state to contribute their quotas so as assist the fund in order to have a secure operational environment.
“It is true that this state has been one of the most peaceful states in the country, but we cannot take this for granted. I believe the private sector can assist the security managers by contributing to this fund which, I believe, will enhance the overall security of the state,” Imoke said.
Earlier, the Executive Secretary of the Lagos State Security Trust Fund, Mr. Fola Arthur-Worrey, said security was the responsibility of all and charged those who would be saddled with the responsibility to manage the fund to do so in a transparent and accountable manner.
According to him, LSSTF secured N6.5bn worth of equipment from the private sector which include; 339 patrol vehicles, 30 armoured patrol tanks and 70 motor-cycles, among others.
Also speaking, the Cross River State Special Adviser on Security, Mr. Rekpene Bassey, noted that the cost of funding various security operations in the state was enormous.
Bassey appealed to the private sector to assist government to sustain the peaceful atmosphere in order to attract more investment into the state.