The Senate has approved the Nigeria Police Trust Fund budget for the 2020 fiscal year running into N11,352,457,101.70 following the report of the Senate and House of Representatives Committee on Police Affairs.
The NPTF 2020 budget would be terminated on April 30, 2021.
According to the Chairman of the Senate Committee on Police Affairs, Senator Halliru Jika, who presented the report at plenary, the budget was the first to be tendered since the Act was created in 2019.
He said, “Only 0.5 per cent of the total revenue accrued to the federation account and 0.5 per cent of the total VAT were remitted to the NPTF Account.
“Other sources of revenue as prescribed in the NPTF Establishment Act have not made any remittance.”
Consequently, Jika urged the NPTF to implement the budget before the April 30 deadline.
Speaking on the approval, the Senate President, Ahmed Lawan, expressed satisfaction over the development, adding that it would help the police to discharge its primary duty of protecting citizens.
He said, “This is one of the benefits of what we have passed here – the Police Trust Fund – and I’m sure that the National Assembly will continue to support our security agencies for optimal performance.”
President Muhammadu Buhari earlier tendered the 2021 budget proposal for the Nigeria Police Trust Fund to the Senate for perusal.
According to a letter sent with the proposal, the President requested the funds in line with the Nigeria Police Trust Fund Act that permits funding through special interventions.