JUST IN: Senate Approves Whopping ₦124.2 Billion For Police Trust Fund
The Nigerian Senate has approved a total of ₦124.2 billion for the Nigeria Police Trust Fund for the 2024 fiscal year.
This decision followed the presentation and adoption of a report by the Senate Committee on Police Affairs during Wednesday’s plenary session.
While presenting the report, Senator Yunus Akintunde (APC – Oyo), the committee’s vice chairman, revealed that the proposed allocation was retained. The breakdown includes ₦1.2 billion for personnel costs and ₦98.6 billion for capital projects.
According to Senator Akintunde, the budget aims to bolster police operations nationwide by investing in personnel training, renovating and constructing police stations, and upgrading critical infrastructure.
The funding will also support the refurbishment of police barracks and clinics, and the procurement of Compressed Natural Gas (CNG) vehicles to improve mobility and promote energy sustainability within the force.
Senate President Godswill Akpabio praised the initiative, noting that the funds would significantly contribute to national security. He emphasized the necessity for strict oversight by the Police Affairs Committee to ensure transparent and effective use of the funds.
“Expenditures from the Police Trust Fund must directly translate to improved security across the nation. The committee must ensure that every Kobo is properly accounted for and used to benefit the police and the Nigerian public,” Akpabio stated.
The Nigeria Police Trust Fund was established to provide additional resources for the training, welfare, and operational needs of the police, aiming to strengthen law enforcement and enhance public safety throughout the country.
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