The Lagos State Governor, Babajide Sanwo-Olu has constituted new board members for the Lagos State Security Trust Fund (LSSTF) and Lagos State Employment Trust Fund (LSETF).
Board members of the two agencies were sworn-in held on Tuesday at a brief inauguration ceremony held at the State House in Alausa.
Governor Sanwo-Olu said the new boards would be supported to efficiently steer the affairs of the agencies and help the Government to change the State’s narrative in improving business and security.
He said: “The Lagos State Security Trust Fund (LSSTF) and the Lagos State Employment Trust Fund (LSETF) were created at different times to address the two key challenges of insecurity and unemployment. The responsibilities of these two important bodies are inter-connected and mutually reinforcing. Their mandates are critical to ‘Making Lagos a 21st Century Economy’ as outlined in the pillars of the T.H.E.M.E.S agenda”.
Since the creation of the two agencies, the Governor said Lagos had strengthened its capacity to provide security across the State, thereby witnessing improved business activities as a result of the improvement in the operational capacities of security agencies.
“Today, Lagos has become safer and more secure because of the improved operational capacities of our security agencies. Individuals and corporate organisations have made this possible largely through the financial and material donations. The effectiveness of these initiatives as a strategy to fight and prevent crime has been widely acknowledged, given its replication by other sub-national governments, and even at the national level.”
