CACOVID to reconstruct 44 police stations ruined by protests, earmarks N100bn for arms
The Coalition Alliance COVID-19 (CACOVID) will rebuild the 44 police stations across the country, which were destroyed in the heat of the #EndSARS protests against the excesses of the Nigerian Police that came to ahead in October, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor said.
He told newsmen in the Lagos office of the CBN on Wednesday that the coalition had since inception procured medical equipment, food and other supplies estimated at N43.27 billion for the vulnerable among others and now looked to commit a N150 billion outlay to youth development.
“CACOVID has committed to fully rehabilitate all 44 damaged and destroyed police stations nationwide in a bid to restore provision of security in affected locations,” Mr Emefiele said.
Read also: CACOVID reacts to looting of palliatives in different states
“To further strengthen the security apparatus in the country, CACOVID has committed to provide over N100bn to procure equipment and gadgets for the Nigerian Police Force over the next two years; as our contribution to fully modernise the Nigerian Police.”
CACOVID’s preliminary evaluation showed youth unemployment largely sparked off the social upheaval, making it resolve to set up a youth development initiative with a view to offering technical and vocational education to four million Nigerians in that category in five years.
“Over N150bn is expected to be deployed towards the set up and implementation of the youth development programme, which will be available at select training centres across the country,” said the apex bank chief.
Selected students will receive certification from the relevant standard board and be considered for financial support for businesses of their choice.
The interventions are critical to restoring faith and keeping future restiveness at bay, Emefiele added.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: 4 yrs after completion, Kwara PHC facility inactive, rural dwellers in pains
In the middle of the night sometime in September 2019, Fatimah Ballah struggled with severe pains as she tries to...
INVESTIGATION: How Oyo State, contractors spent N1.1bn on water projects, but communities don’t have a drop
Multimillion naira water projects largely initiated by the late Abiola Ajimobi-led state government in Oyo State to benefit over 40...
INVESTIGATION: In Cross River, civil servants retire into poverty as govt looks away, squanders funds on frivolities
Thousands of civil servants in Cross River State struggle to stay alive as they are denied their gratuities and monthly...
Students suffer as contractors abandon Kano school projects after receiving over N70m
In 2019, to improve the condition of public schools in Kano State, the Federal Government disbursed millions of naira to...
SPECIAL REPORT: World Bank road projects go bad in Enugu, as state govt fails to fulfill promise
Counterpart funded road projects between the world Bank and Enugu State government have started to fail, as the state government...