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‘Security, threat to private sector led economy’

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image Okiro

Government’s desire to create a private sector led economy can not be realised without a secured environment essential for enterprise to thrive.

Security is also key to ensuring success for the Vision 2020 project, under which the Federal Government plans to make the country’s economy one of the top 20 in the world by that year.
Chukwuma Soludo, governor of the Central Bank of Nigeria (CBN) underscored the importance of security in government’s reform agenda yesterday in Abuja at the presentation of armoured vehicles to the Nigeria Police Force.
“Except with security, the aspirations of a private sector led economy will not be realised, ” Soludo said.
Soludo said the wave of organised crimes and the violent attacks on banks constituted a danger to the private sector.
The CBN chief who is the chairman of the Bankers’ Committee said the provision of 26 armoured vehicles to the police would further improve their work.
Twenty of the armoured vehicles had been supplied, while another six are being expected.
“Apart from the donation of armoured vehicles, Soludo said the committee had also sent eight policemen on training in South Africa.
“We have provided three containers of spare parts to go with the armoured vehicles and the manufacturers will come in to train more policemen on how to use the vehicles, ” he said.
The Inspector-General of Police, Mike Okiro, thanked the committee for donating the vehicles.
Okiro said a 10-man committee had been set up to review the earlier deadline given to banks to acquire bullion vans.
The committee, according to him, will review the security situation in the banks and forward its recommendations to him in two weeks.
The News Agency of Nigeria (NAN) reports that many banks had been robbed in the last two years with the police recording many casualties.

Comments (1 posted):

Deji Saanu on 27 February, 2008 08:02:06
avatar
And who will provide the 'ordinary citizens with Armored Vehicles?
Is it not "better", as a comparison between two evils, that Armed robbers face 'armed and trained' people (and l say this with respect to them!) than be unleashed on unarmed, poor populace?
Must we divert danger to the weak members of the society? Note that since the armed robbers have 'evolved' to understand the wisdom of safety in numbers, there has been less frequent mortal burglary of homes of ordinary folks (the profit margin is too low!)and a spike in 'mass bank robbery' but knowing how unprincipled armed robbers are, if and as the Banks get armored vehicles, from tax payers money, will they not divert attention to "softer targets" like house-to-house? and when they do, who will give us armored cars or dont we also deserve protection (when inanimate bank-naira notes deserve protection!).
Why do we rob Peter to Pay Paul instead of proffering a comprehensive solution that covers all eventuality?
I wish l could have an armored car, armored door and windows, even armored mobile phones, when thieves coming knocking on our windscreen in perenial Lagos traffic jams or maybe we are just expendable pawns and cannon-fodders?
God dey, Oga Mike and Oga Soludo

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