₦airaland Forum

The Federal Government is proposing to spend N65.03bn for the acquisition of various military aircraft, combat equipment, trucks and maintenance of boats among others in the 2016 fiscal period.

Details of this amount are contained in the 2016 budget which President Muhammadu Buhari presented to a joint session of the National Assembly in December, 2015.
A copy of the budget for the military was obtained by our correspondent in Abuja on Tuesday.

The N65.03bn, according to an analysis of the budget document, is part of the total sum of N311.38bn allocated to the Nigerian Army, Navy and Air Force for the 2016 fiscal year.

Out of the N311.38bn, the sum of N139.8bn, made up of capital expenditure of N120.01bn and recurrent expenditure of N19.78bn is allocated to the Nigerian Army.

For the Nigerian Navy, the sum of N85.97bn is allocated for its operations. This amount is made up of N60.33bn for recurrent expenditure and N25.64bn for capital spending.

The Nigerian Air Force has a total budget of N85.61bn, made up of N62.15bn for recurrent expenditure and N23.46bn for capital expenditure.

Giving details of the weapons to be acquired for the operation of the Navy, the fiscal document states that the sum of N5bn is budgeted for the procurement of three JF-17 Thunder-multi role combat aircraft.

The government, according to the document, has also allocated the sum of N11.6bn for the procurement of two MI-35m helicopter, while N2.06bn is being proposed to acquire 10 Super Mushak trainer aircraft.

Other operational equipment to be acquired for the Navy are aircraft spares, N1.7bn; combat equipment, outfits and training for Quick Response Force, N350m; arms and ammunition such as 30MM Canon, 68MM SNEB live rocket, F3 and F4 practice bomb, N480m.

Also being proposed for the Navy is infrastructural development at the newly established Forward Operational Base and NAF Units at a cost of N2.2bn.


Source: http://www.zubbyblog.com/2016-budget-fg-to-spend-n65bn-on-warplanes


cc: lalasticlala

Ok

Relatively small self

omowolewa:
Relatively small self

which one be that kwa

Buhari must show us the newly acquired jets when bought. We don't want to hear stories later

Buy 2 F16 those two alone can finish boko haram boys buying toy planes is a crazy idea.

slimfit1:
Buy 2 F16 those two alone can finish boko haram boys buying toy planes is a crazy idea.

plot?

The budget for defense ministry is small,compare to the over #4trillion budgeted between 2011-2015.

Jorussia:
The budget for defense ministry is small,compare to the over #4trillion budgeted between 2011-2015.

thats ridiculous

ok now

queentell:
thats ridiculous

true talk my sister.I have no doubt in the ability of pmb to radically transform the fortunes of this country economically. I know that the first quarter of this year may be tough,but in the end of his four years tenure Nigerians will be grateful to God for giving us pmb.

Jorussia:
true talk my sister.I have no doubt in the ability of pmb to radically transform the fortunes of this country economically. I know that the first quarter of this year may be tough,but in the end of his four years tenure Nigerians will be grateful to God for giving us pmb.

thank you and the impact sha