Nigeria 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 SaharaReporters 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 SaharaReporters.
“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.
On March 16, SaharaReporters exclusively obtained a police wireless message dated March 12, 2025, from the Assistant Inspector General of Police (AIG) overseeing the Police Cooperative Society in Lagos, directing all departments, commands, and units to inform officers about the scheme.
The message identified Bulk Stalker Engineering Limited as the supplier of the tricycles, which included models such as tricycle trucks, trike pick-ups, TTI single cabins, tricycle taxis, TP7 models, and tricycle ambulances. The tricycles were to be sold on loan to interested officers at a staggering price of N5,500,000.
According to the directive, monthly deductions of N90,000 would be made directly from officers’ salaries via the Integrated Payroll and Personnel Information System (IPPIS) for a period of 60 months.
“Forms will be made available by the company for collection at all cooperative shops mine. Treat as very important please,” the message concluded, effectively forcing personnel into the scheme under the guise of a ‘welfare initiative.’
Source: SaharaReporters
