Explaining reasons for such a bulk sum, Yakubu said many manufacturers of military equipment were insisting on full payment before beginning production, adding that the cost includes training of personnel to man certain equipment.
According to him, no budgetary allocation would fund such procurement, hence the need for alternative sources of funding for the military to be able to meet up with its responsibility. According to Benson, only approximately nine per cent of annual budgetary allocation is available for capital expenditure as a large chunk goes for recurrent expenditure.The lawmaker said that efforts in the past by the armed forces to procure needed military hardware and provide requisite personnel training to tackle insecurity currently being faced by the country hit brick wall due to limited financial resources, underscoring the importance of the bill.
“Nigeria ranks very low on global defence spending and occupies the fourth position in Africa, below Algeria, Morocco and South Africa, despite its numerous security challenges.
Reason why insurgency will not end
Now we know why insurgency is good business in Nigeria!
It’s too small for them. Please DJ increase the volume
after 60 years, no security electricity,water, no emergency . mass kiIIing, kidnápping, rapé, poverty everywhere. GOD have mercy on us, who wants to be part of that. if you’re so terrible at managing a country, shift let other people take over, or let them have their own nation
There is no way this your proposed plan can be feasible. The money is too much!
Rubbish!😡😡😡😡😡😡😡😡
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