Senate passes bill to double police trust fund allocation to 1% (opens original article in a new tab)

The Nigerian Senate passed a bill to double the police trust fund allocation to 1% of federation revenue, aiming to enhance police funding, operational capabilities, and personnel welfare through sustainable financing and diversified funding sources.

• Senate passes bill to increase Nigeria Police Trust Fund allocation from 0.5% to 1% of Federation Account revenue
• Bill aims to improve police funding, operational capacity, and personnel welfare through sustainable financing
• Legislation includes diversified funding sources beyond Federation Account revenue
• Establishes governance structures for transparency and efficient project execution
• Senate Leader emphasizes need for modern policing to address security threats