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Glo donates ₦1bn to Lagos security fund

Telecommunications company, Globacom, has donated ₦1 billion to the Lagos State Security Trust Fund (LSSTF) to support efforts aimed at strengthening security infrastructure across the state. The donation is regarded as one of the largest contributions by a private-sector player in the telecommunications industry in recent years and reflects the company’s commitment to public safety […]

Telecommunications company, Globacom, has donated ₦1 billion to the Lagos State Security Trust Fund (LSSTF) to support efforts aimed at strengthening security infrastructure across the state.

The donation is regarded as one of the largest contributions by a private-sector player in the telecommunications industry in recent years and reflects the company’s commitment to public safety and national development.

According to a statement issued on Saturday, the contribution followed Globacom’s participation in a Private Sector Breakfast Meeting organised by the LSSTF and hosted by Lagos State Governor, Babajide Sanwo-Olu, on January 30, 2026. The meeting focused on the importance of stronger collaboration between government and the private sector in addressing security challenges, driving innovation and promoting economic resilience.

The Executive Secretary and Chief Executive Officer of the LSSTF, Dr Ayo Ogunsan, described the donation as a strong show of corporate responsibility and a strategic investment in the stability of Lagos State.

He said the funds would boost the Trust Fund’s capacity to meet key security needs in 2026, including the acquisition of multipurpose helicopters and drones, Armoured Personnel Carriers, water cannons, digital communication equipment and smart Closed-Circuit Television (CCTV) systems.

Ogunsan also called on residents to support companies that invest in the safety and development of the state, noting that such patronage contributes to improved security, protection of lives and economic growth.

In a similar vein, a senior Globacom executive said the donation was in line with the company’s belief that security is a collective responsibility.

“When people feel safe, businesses thrive, creativity expands and hope becomes tangible. Our support for the LSSTF is about safeguarding the everyday aspirations of millions of Lagos residents,” the executive said.

Globacom has over the years been involved in various social investment initiatives, including assistance to flood victims, support for displaced persons, youth skills development programmes, and investments in education, culture and digital inclusion.

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