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eBusiness Life Magazine > Blog > NewsBytes > Glo Donates N1 Billion To LSSTF To Boost Security Across Lagos State
NewsBytes

Glo Donates N1 Billion To LSSTF To Boost Security Across Lagos State

ELadmin1
Last updated: 2026/02/07 at 8:34 PM
By ELadmin1
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Telecommunications operator Globacom has donated ₦1 billion to the Lagos State Security Trust Fund (LSSTF) to strengthen security infrastructure across Nigeria’s commercial capital.

The donation underscores the company’s enduring commitment to national development and public safety and stands among the most significant private-sector interventions from the telecommunications industry to the Fund in recent years. It also reinforces Globacom’s position as a responsible and patriotic corporate citizen.

The donation follows the company’s participation in the LSSTF-organized Private Sector Breakfast Meeting with CEOs, hosted days ago by the Executive Governor of Lagos State, Mr Babajide Sanwo-Olu. The high-level forum emphasized 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/CEO 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.

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According to Dr Ogunsan, the ₦1 billion donation will significantly enhance the Fund’s capacity to address critical priorities for 2026, including multipurpose security helicopters and drones, Armoured Personnel Carriers (APCs), water cannons, digital communication equipment and Smart CCTV systems.

These assets are central to proactive policing, rapid response and intelligence-led operations across the state.

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 as 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.

Globacom’s intervention is consistent with its long-standing approach to social responsibility—practical, timely and aligned with national priorities. Over the past decade, the company has supported relief efforts for flood-affected communities, assisted displaced persons, advanced youth skills through structured training programmes, and invested in education, culture and digital inclusion. These initiatives reflect a philosophy of giving that privileges institutional impact over personal acclaim.

Dr Ogunsan also urged Lagosians to support organizations that invest in the safety and development of the state. “When companies step forward to secure our environment, residents should reciprocate by patronizing them. Their support directly impacts the protection of lives, property and economic activity,” he noted.

By strengthening the LSSTF, Globacom is investing directly in the conditions that enable commerce to thrive—safety, confidence and stability. With this support, the Fund is poised to scale its interventions further, reinforcing Lagos State’s position as the country’s safest and most vibrant commercial hub.

ELadmin1 February 7, 2026 February 7, 2026
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