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Mbah Inaugurates Enugu Security Trust Fund, Projects N20bn

by Nnamdi Mbawike
2 years ago
in News
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Enugu State Governor Peter Mbah has inaugurated the Enugu State Security Trust Fund.

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He said it was in line with the administration’s campaign promise and efforts to build on the successes achieved in the security of lives and property in the state.

Although the enabling law was enacted in 2020, it was not activated, hence the Mbah administration initiated vital amendments to the Law in 2023 and also executed a Deed of Trust to pave the way for the appointment and inauguration of a Board of Trustees (BoT) to bring the Trust Fund into full force.

The 11-member BoT of the Trust Fund is chaired by Mr. Ike Chioke, an investment banker and group managing director of Afrinvest Trustees Limited, while Mr. Chinedu Anih was appointed the executive secretary.

Other members are Mr. Nathaniel Udeh and Mr. Chris Ekemezie representing the private sector; the commissioner for human capital and poverty eradication, Dr. Malachy Agbo, and the commissioner for culture and Tourism, Dame Ugochi Madueke, representing the state; and the state director, Department of State Security (DSS), Mrs. Theresa Egbunu and the garrison commander, 82 Division, Nigerian Army, Enugu, Brig. Gen. Murtala Abu, representing the security organisations.

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Others are ACP Ifeanyi Nwafor (rtd), Igwe Lawrence Agubuzu representing the chairman of Enugu State Council of Traditional Rulers as well as the Anglican Bishop of Nike Diocese, Bishop Onyeka Onyia and the vice chancellor of Godfrey Okoye University, Prof. Christian Aneke, representing the religious institutions.

 

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Mbah, who commended them for accepting to serve the state with their wealth of experience and contacts, put the state’s projected security expenditure for 2024 at N20 billion, emphasising, however, that the government was counting on the private sector support in regard.

 

He said, “The Security Trust Fund is in line with what we have expressed in our manifesto when we were seeking the mandate of our people to serve them. We promised them that Enugu will be one of the top three states in terms of GDP and of course we said it is going to happen from private sector investment; and attracting private sector investment requires that you have the enabling environment.

 

“This was why we immediately made certain consequential pronouncements and took emphatic steps in addressing our insecurity challenges. We set up the Distress Response Squad. We are deploying CCTV across our city, and making sure that we have a central Command and Control Centre where we can monitor all that is going on and to prevent crimes.

 

“We work to prevent crimes, but have also put in place adequate measures and facilities to be able to identify, track, capture and defeat the criminals involved if there is any breach of security of any kind.

 

“So, the inauguration of this Security Trust Fund today is going to redouble our efforts in the fight against insecurity in the state.”

 

On his part, Ike Chioke commended the Mbah administration for containing insecurity in the state, and for activating the Security Trust Fund four years after it was signed into law.

 

“We are witnessing something that should have happened, perhaps four years ago, when the law establishing the Enugu State Security Trust Fund was actually passed. But without the BOT, it was not possible to action it,” he said.


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