
Glo donates N1b to Lagos Security Trust Fund
Telecommunications operator, Globacom, has donated N1 billion to the Lagos State Security Trust Fund (LSSTF) to strengthen security infrastructure across Nigeria’s commercial capital.
The donation, the company said, underscored its enduring commitment to national development and public safety and stood among the most significant private sector interventions from the telecommunications industry to the Fund in recent years.
The donation follows the company’s participation in the LSSTF-organised Private Sector Breakfast Meeting with chief executive officers hosted days ago by the governor of Lagos State, Babajide Sanwo-Olu.
The high-level forum emphasised deeper collaboration between the state government and businesses on security, innovation and economic resilience, an agenda Globacom has consistently supported through sustained social investment.
The executive secretary/chief executive officer of the Fund, Dr Ayo Ogunsan, described Globacom’s gesture as “a powerful demonstration of corporate citizenship and a strategic investment in the stability of Lagos State.”
He noted that the LSSTF was established to bridge funding gaps in security infrastructure; and therefore, relies heavily on voluntary contributions from corporate bodies and well-meaning partners.
Globacom described the donation as an extension of the company’s long-standing belief in Nigeria’s future.
“At Globacom, we see security not as a government burden alone but a shared responsibility. When people feel safe, enterprise grows, creativity flourishes and hope becomes practical. Our support for the LSSTF is about protecting the everyday dreams of millions of Lagosians,” the company said.
Nigerians can now invest ₦2.5 million on premium domains and profit about ₦17-₦25 million. All earnings paid in US Dollars. Rather than wonder, click here to find out how it works.
Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.
Community Reactions
AI-Powered Insights
Related Stories

FMITI Targets Improved Productivity via Policy Implementation

Champion Breweries Completes Acquisition of Bullet Brand Portfolio, Expands into African Markets

Plus Incubation Hub Launches the Plus Factor Grant Program



Discussion (0)