Home Corporate News Lagos Security Trust Fund Secures ₦1bn Support From Globacom

Lagos Security Trust Fund Secures ₦1bn Support From Globacom

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Globacom

Globacom has donated ₦1 billion to the Lagos State Security Trust Fund (LSSTF) to support security infrastructure in the state.

The donation followed the company’s participation in the LSSTF Private Sector Breakfast Meeting with chief executives hosted by Governor Babajide Sanwo-Olu on January 30, 2026.

Executive Secretary/CEO of LSSTF, Dr Ayo Ogunsan, described the donation as a major boost to the Fund, which relies on voluntary contributions from corporate organisations to support security operations.

Ogunsan said the funds would be used to procure security equipment, including multipurpose helicopters and drones, Armoured Personnel Carriers (APCs), water cannons, digital communication equipment and Smart CCTV systems to enhance policing and rapid response across the state.

A senior Globacom executive said the donation reflects the company’s belief that security is a shared responsibility necessary for economic growth and public safety.

Globacom said the intervention aligns with its corporate social responsibility initiatives, which include support for disaster relief, education, youth development and digital inclusion.

Credit: thenationonlineng.net

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