Nigeria spends fresh N14 billion on military equipment against rising insecurity

The Federal Government has allocated an additional N14 billion towards military equipment in response to rising insecurity. This funding will support various military procurement efforts between September and October 2024.

The Federal Government of Nigeria has allocated an additional N14 billion towards the procurement of military equipment in response to rising insecurity in the country. The expenditure, which took place between September and October 2024, aims to bolster the nation's defense capabilities against emerging threats. This move is part of the government's efforts to address the escalating security challenges facing Nigeria, with the fresh funding expected to enhance the military's capacity to combat terrorism, banditry, and other security concerns. The total amount spent so far on such equipment this year stands at N28 billion.