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LASACO donates N10 Million to Lagos State Security Trust Fund

LASACO donates N10 Million to Lagos State Security Trust Fund

To ensure that Lagos State remains safe, LASACO Assurance Plc. has donated N10M to the Lagos State security Trust Fund (LSSTF).

LASACO Group Managing Director, Mr. Segun Balogun said that the company was donating to the Fund to help the organization to continue providing the basic equipment to the security agencies in and around the State.

He said the cash would go a long way to support in its fights to ensure a crime-free state.

Balogun pledged to be an ambassador of the LSSTF in the insurance industry, adding that there was the need for more organizations to support the Fund.

LSSTF Executive Secretary/CEO Dr. Abdurrazaq Balogun said it was becoming difficult for organizations to assist the Fund.

He stated that Lagos has about 9,400 roads that need to be secured.

He said: “We believe that if we have just 1,000 vehicles, that would be one vehicle to 900 roads; that is grossly insufficient. But if have 10,000 vehicles, it would be one to 90. The assets that we have are not enough but we will continue to manage the little that we have.

We urge other organizations that have not donated to the Fund to make sacrifices for the security and prosperity that we all desire.


Nation Newspaper

Monday, 29th July, 2019

Page 23


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