N54bn Released for Army Operations Since 2019

05 May N54bn Released for Army Operations Since 2019

The Minister of Finance, Budget and National Planning, Zainab Ahmed, said yesterday that the Federal Government spent about N54 billion in funding operations of the Nigerian Army between 2019 and 2021.

She spoke at an interactive session held in Abuja with the Senate Committee on Army and representatives of the Chief of Defence Staff and Chief of Army Staff.

Responding to accusations by the senators that Army is poorly funded, she said, ”If you permit me we have to put up some of the information that we have on that capital funding of the Nigerian Army in 2019 was N19.6 billion, N12.6 representing 64.3 percent was released, in 2020 N24.37 billion 100 percent, 2021 N29 billion released as at May we have released 17.98 which is 61 percent.”