The Nigeria Police have said that former IGP Mohammed Abubakar didn’t force Police officers to buy shares, nor did it divert any money meant for the shares.
It was responding to a report by online medium Saharareporters reported on the former Police Chief.
Police Spokesperson Olumuyiwa Adejobi in a statement said; “the Sahara Reporters goofed in its attempt to smear the reputation of the past Inspector-General of Police, IGP Mohammed Dahiru Abubakar (Rtd.) by alleging that he coerced officers to part with money which was mismanaged. This allegation is a falsehood by the news platform which intent is yet unclear.
To set the record straight, in 2013, the Nigeria Police Force acquired a mortgage institution, Fokas Savings and Loans Limited (now known as Nigeria Police Mortgage Bank Limited – NPMB), to assist every policeman to get housing loans from the Federal Mortgage Bank at low interest rates. As part of the prerequisites to re-capitalise the bank and effect its change of name as stipulated by law, the then IGP directed that the ownership of the bank be thrown open to all police personnel to buy into the shares of the bank.
Subsequently, sensitization activities were carried out and subscription forms distributed. Deductions for the shares were made from the account of the subscribers and accrued money remitted directly to the CBN. Shares certificates were thereafter issued and made available for pick up at the various branches of the NPMB and other designated police offices for the 151,238 Police subscribers. The NPMB in furtherance of its mission has, in the past 9 years, given out loans to the tune of 4.1bn Naira to police personnel in support of their house ownership aspirations.
The continued aggressive and false information being spread by the management of Sahara Reporters in Nigeria, most especially against the Nigeria Police Force, has become a source of concern as their reportage clearly stems from a position of purposeful disinformation which is highly unacceptable. The Force hereby calls on reputable media houses to entrench the importance of professional standards in reportage particularly where unverified information is concerned.
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Every Nigeria police have AP NO Or FORCE NO that identify every Police exilly , now why not create a cold with our A/P OR F/NO that will enable every police to print out his or her own share certificate, so that everybody knows and the investors will know how to get their benefits exilly.