Government

Police turn down Tricycle Welfare Scheme of N5.5m

  • Condemn Exploitation of Junior Officers

Nigerian police officers have strongly rejected a purported welfare scheme involving the distribution of tricycles (popularly known as Keke Napep) at an inflated cost of N5.5 million, describing it as another ploy by senior officers to exploit their subordinates.

Multiple sources within the Nigeria Police Force told Sahara Reporters on Thursday morning that the initiative, spearheaded by the Nigeria Police Cooperative Multi-Purpose Society Ltd., is an outright scam designed to enrich top officials while burdening junior officers with exorbitant repayments.

“All these are the handiwork of our authorities, always looking for ways to milk their subordinates. How on earth can any reasonable organisation exploit its members all in the name of giving out tricycles at the rate of N5.5 million?” a police source lamented.

According to the officers, the market value of the tricycles is around N3.5 million, yet the cooperative is forcing them to purchase it at an inflated price of N5.5 million.

“They want to milk their subordinates through the payment structure, as the tricycle is overpriced. How can they sell a tricycle that costs N3.5million for N5.5million? This is coming from the same Police Cooperative where members are not allowed to withdraw their money as they wish,” another officer told Sahara Reporters.

“The same Police Cooperative where all Inspector Generals of Police, past and present, withdraw millions without refunding it,” the source added, highlighting a long history of financial mismanagement and corruption within the cooperative.

SaharaReporters previously reported that the Nigeria Police Cooperative Multi-Purpose Society Ltd. had introduced the tricycle loan scheme to interested police personnel as part of a welfare programme initiated by Inspector General of Police Kayode Egbetokun.

 

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