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Northern Security Trust Fund: ₦1bn is a beginning, not the solution
['Austine Agbo Emmanuel', 'Weekend Content Writer', 'Adejayan Gbenga', 'Benjamin Samson', 'Alabi Abdul', 'Paul Okah']
Blueprint Newspapers Limited
This Security Trust Fund cannot afford that fate, and the personalities involved cannot afford to erode the integrity they have built over many decades.
A trust fund succeeds not because money exists, but because governance exists.
To build a sustainable Security Trust Fund, consider Nigeria’s Lagos State Security Trust Fund model, which has lasted nearly two decades by surpassing government funding.
The Northern Nigeria Security Trust Fund should become a platform attracting credible private-sector participation, development partners, philanthropy, and responsible corporations across the region.
The trust fund should therefore publish periodic reports detailing funds received, expenditure patterns, procurement processes, supported operations and measurable outcomes.