EVALUATING THE EFFICACY OF SECURITY INITIATIVES: A STUDY OF THE LAGOS STATE SECURITY TRUST FUND IN CRIME REDUCTION AND SECURITY INVESTMENT

Abstract

The increasing inadequacy of state institutions to ensure public security globally has necessitated exploring alternative crime-prevention strategies. This study focuses on the Security Trust Fund (STF) introduced in Lagos State, Nigeria, in 2007. The STF aims to enhance public safety through investments in modern security equipment and fostering collaboration between state and community efforts. This paper examines the effectiveness of the STF in the Lagos East Senatorial District, addressing its impact on crime control and investment in security equipment. A survey design and quantitative research methods were employed, targeting residents aged 18 and above in Lagos East Senatorial District. A sample of 222 respondents was selected using purposive, convenience, and simple random sampling techniques. Data was collected through structured questionnaires and interviews, with regression and chi-square analysis. The regression analysis revealed a significant relationship between the STF and the reduction of insecurity, with an R-value of 0.062 and a significant F-ratio of 8.827. The chi-square analysis indicated that the STF significantly improved investment in security equipment, with a calculated X² of 22.534. The STF has significantly enhanced crime control and investment in security equipment in Lagos East Senatorial District. By fostering collaboration between state and community efforts, this community-based strategy offers a sustainable and resilient approach to crime prevention, suggesting its potential applicability in regions with similar security challenges.