The Nigeria Police Trust Fund (Establishment) Act and Implications for Corporate Taxpayers in Nigeria
The Nigeria Police Trust Fund (Establishment) Act (The Act) was recently signed into Law by the President of Nigeria. The Act, which came into force on 24th of June 2019, creates the Nigeria Police Trust Fund (Trust Fund), which is a body corporate with a common seal.
The objective of the Act is to provide a legal framework for the management and control of a special intervention fund for training and retraining of personnel of the Nigeria Police Force and for the provision of state-of-the-art security equipment, and other related facilities for the enhancement of the skills of the officers of the Nigeria Police Force.
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