THE Minister of Finance, Budget and National Planning, Zainab Ahmed, on Tuesday, said her ministry had released a total sum of N1.008.47tn to the Nigerian Army between January 2019 and April 2021.

The minister stated this when she appeared before the Senate Committee on Army.


The panel had summoned the minister following complaints by the Nigerian Army that it had outstanding N50bn to collect from the ministry which was part of the budgetary provision to fight terrorism.

But Ahmed told the Senate Committee that the Nigerian Army got more than the budgetary provision in the period under review.

She read out the Capital Funding of the Nigerian Army from 2019 till April 2021.


She said, “In 2019 what was budgeted for the Nigerian Army was N19.6bn and N12.84bn was released representing 64.37 per cent.



“In 2020, the total capital budget for the Nigerian Army was N34.37bn and this amount was released 100 per cent.

“In 2021, that is this current year, the total budget for the Nigerian Army is N29bn. As at April, we have released N17.98bn of that, which is 68.92 per cent. It means we are on course to also release 100 per cent.”

https://punchng.com/ahmed-appears-before-senate-says-army-got-n1tn-in-two-years/

That's enough to beat insecurity in the country if utilized.

Looting reloaded. But we all know it will be swept under the carpet.

Let's Blame GEJ and Dasuki for the misuse of this #1trn

Yet insecurity is the order of the day.

Okay.

Upon all the 1 trillion Naira allocation the Nigerian Army doesn't even have half of the equipment that the Chadian army have in their kitty.

Am sure more than half of that 1 trillion Naira was diverted into private pockets.

but... but..... outdated weaponry......signing out

What happened to the money?

Any explanation about how it was spent

Cash out

Simplyleo:
Okay.

that's all you would say.. zombie
You will pay one way or the other.

The money must be somewhere in Dubai right now in form a building...

1.1trn? 500 billion for Ransom, rehabilitation and amnesty for terrorist, 500 billion for embezzlement and 100 billion for arms&ammunition and settling some closed ranking officers



that's why we are where we are today

This present administration is a spindrift without impact on the countries turmoil.
The level of incompetence is second to none.

Matters arising!!!

Capital Budget of less than $50 million dollars is what you want to use to fight Boko Haram and ESN at the same time plus bandit

I just dey laugh

By arresting mbaka ESN found would triple ...you can't match that

Give Igbos referendum and save millions of lives ...a word is enough for the wise