Jim Ovia Gives Pledge Of N250 Million To The Lagos State Security Trust Fund

Jim Ovia Gives Pledge Of N250 Million To The Lagos State Security Trust Fund

The Founder/Chairman, Zenith Bank Plc, Mr. Jim Ovia, on Tuesday made a re-confirmation of his support to the Lagos State Security Trust Fund by making a fresh pledge of an additional 150 percent of previous donations to the Trust Fund. He made the announcement on behalf of Zenith Bank Board of Directors during the recently-concluded meeting with the Governor of Lagos State, His Excellency, Governor Akinwunmi Ambode on the 6th of March, 2018 at the Lagos Means Business forum at Eko Hotels & Suites.

Mr. Ovia praised the Government of Lagos State under Governor Ambode, for encouraging and providing enabling environment for businesses in Lagos State, especially the remarkable improvement in security across the state. Mr. Ovia, disclosed further that the Lagos State Security Trust Fund has become a model for other states across the federation. He thus encouraged other private sector stakeholders to increase their contribution in funding the security initiative.

While stating the nature of security in Lagos State, Mr. Ovia lauded the leadership style of Governor Ambode, likening the state to an incorporated enterprise being so efficiently run by its Chief Executive Officer, in this case, Executive Governor Ambode.

The Lagos State Security Trust Fund was established on 3rd September 2007 by the Lagos State Government as a public-private partnership for the improvement of security in Lagos State, and successive governments in the state had been running with the vision. Since its inception, Zenith Bank Plc has made contributions amounting to cumulative total of ₦650 million to the Lagos State Security Trust Fund.


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