Despite High Budgetary Allocation of N11 Trillion, Nigeria Ranks Second In Terrorism
From 2015 to 2022, Nigeria allocated a total of N11.18 trillion on security.
However, according to statistics from Jihad Analytics, despite the substantial budgetary allocation, the nation continues to rank as the second most frequently attacked nation worldwide by the Islamic State terrorist organization.
Jihad Analytics specializes on open-source intelligence, statistics, and global and cyber jihad.
According to the group’s study for January to June 2022, Nigeria recorded 305 attacks, with Iraq first (337), and Syria third,(142).
The President, Major General Muhammadu Buhari (retd), has claimed that his administration is winning the fight on terrorism, which is the background against which this is taking place.
It is reported that the criminal and terrorist actions of ISWAP in the North-West, North-Central, and strikes in the South-West.
The organization took credit for the July 5 raid on the Kuje Medium Security Correctional Centre in Abuja, which resulted in the escape of hundreds of accused Boko Haram commanders and other convicts.
The attack on the elite Guards Brigade troops in Abuja, which resulted in the deaths of five soldiers, was also thought to have been planned by the group’s warriors.
Since Buhari took office on May 29, 2015, his administration has allocated over N11.18 trillion for security.
This sum represents the budgetary allotments made to the Ministry of Defense, Ministry of Interior, Ministry of Police Affairs, National Security Adviser, and Police Service Commission.
A total of N626.39 billion was allotted, according to the 2015 Appropriation Act, which is available online at the Budget Office of the Federation.
For all aforementioned departments and agencies, it increased to N978.72bn in 2016, N1.12 trillion in 2017, N1.26 trillion by 2018, N1.33 trillion by 2019, N1.71 trillion by 2020, and N1.87 trillion by 2021.
When compared to the budgetary allocation in 2015, the amount grew by 262.39 percent to N2.27 trillion by 2022.
After meeting with the heads of security at the Presidential Villa in Abuja, President Major General Muhammadu Buhari (retd.) approved $1 billion on April 4, 2018, for the purchase of military hardware.
Out of the $1 billion authorized by the President, the Ministry of Defence has purchased equipment for the Nigerian Army, Navy, and Defense Intelligence Agency worth $99.5 million.
In 2018, Buhari informed the National Assembly that, prior to receiving legislative approval to withdraw the $1 billion from the Excess Crude Account, he had ordered the payment of $496 million to the US government for the purchase of 12 Tucano aircraft.
The $1 billion armament fund, however, was the subject of controversy in March after National Security Advisor Maj Gen Babagana Monguno (retd.) claimed that the $1 billion intended to buy weapons to combat the insurgency had vanished.
Nigeria is one of the nations that spends the most on its military, according to the Stockholm International Peace Research Institute.