Only 9% of Armed Forces budget is spent on equipment- Gbajabiamila | The Guardian Nigeria News - Nigeria and World News

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The Speaker of the House of Representatives, Rep. Femi Gbajabiamila says the record has shown that only nine per cent of the total budgetary allocation to the Nigerian Armed Forces is spent on equipment.

Gbajabiamila made this known at a public hearing on the Armed Forces Support Trust Fund Bill, organised by the House Committee on Defence on Monday in Abuja.Gbajabiamila said that appropriation records show that about 91 per cent of the current funding of the Armed Forces is spent on recurrent overhead, salaries and welfare.

Gbajabiamila said that the importance of the bill is evidenced by the dwindling resources available to the Armed Forces of Nigeria to prosecute the various security operations it is involved in.According to him, this requires innovative ideas to raise additional funds without placing any burden on Nigerians, in support of the Nigerian military.

The speaker said the bill is a time-limited endeavour to upgrade the equipment infrastructure of the Armed Forces. In his remarks, Chairman, House, House Committee on Defence, Rep. Benson Babajimi said that the bill seeks to explore alternative sources of funding for the armed forces. He said that Nigeria ranked very low in terms of defence spending and that developed countries like the U. S., Russia, United Kingdom, Poland all have alternative sources of funding for defence.

 

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If that is the case, why hasn't there been any arrest then?

Ndi oshi

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