LSSTF Seeks Partnership with Private Firms
The Lagos State Security Trust Fund (LSSTF) has called for partnership with Chief Executive Officers of corporate security organisations.
Its LSSTF Executive Secretary, Dr. Abdurrazaq Balogun said there is no alternative to the present Public Private Partnership (PPP) for the funding of security in the state. Though recognised the contributions of the private sector, he noted that the Lagos State Government remains the highest donor to the fund.
He noted that it was critical for professionals in the private security space to collaborate with the government to improved security services. He also buttressed the need for the database of duly licensed private security companies operating in the state including details of their guards.
Balogun emphasised the need for intelligence sharing between private firms and law enforcement agencies in line with community policing strategy.
Central Bank of Nigeria (CBN) Director of Security Mr. Tayo Amu, stressed that security is very expensive and there is need to think outside the box to fund it.
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