In a bid towards supporting the Lagos state government in terms of building a strong and healthy security system in the state, LASACO Assurance, recently donated the sum of Ten Million Naira (N10 Million) to boost security in the state.
LASACO Assurance and its management team took out time to pay a courtesy visit to the office of the Lagos State Security Trust Fund to make the donation with further promise towards ensuring that they support the security growth in the state.
The Lagos State Security Trust Fund (LSSTF) was established by a Law of the Lagos State House of Assembly on September 2007 as a direct response to the security challenges in the State.
The establishment of the LSSTF became imperative after the State Governor received and reviewed the report of a high powered Security Committee which is established under the chairmanship of the former Inspector General of Police, to look into ways and means of combating the growing menace of violent crimes in the state and the seeming inability of the police and other security agencies to confront this challenge in spite of their best endeavours.
The idea of creating a Trust Fund was to source for funds from government, private organizations and individuals in order to meet the operational capacity needs of security agencies particularly in the areas of logistics and provision of crime-fighting equipment in the effective discharge of their duties. This is because security agencies have suffered long years of neglect by the Federal Government whose primary responsibility it is to fund them.