Mr Adebutu said the intervention was driven by a deep sense of duty to Lagos State and its people.
The governor commended security operatives for keeping Lagos safe by protecting the lives and property of the residents.
He said the donation would be made by January 2024 to ensure that the police and other security agencies easily performed their duties.
The Lagos State Security Trust Fund (LSSTF) says it costs N3 million to fully kit a policeman.
Ocean Trust existed for nearly 20 years without a traceable operation base, but its banking records leave a trail of curious cash handlings.
