Development

#ChartOfTheDay: Budgetary Allocation to the Nigeria Armed Forces

By Dennis Amata

November 05, 2021

In the last 7 years, the sum of N3.37 trillion has been allocated to the Nigerian armed forces, the Army, Navy and Air Force.

If the proposed allocation to the three armed forces in the 2022 budget is approved, it will bring the figure to N4.27 trillion.

That will bring the total allocation to the Army over an eight (8) year period to N2.46 trillion, the highest among the three. The Air Force follows with N950.51 billion, and the Navy with  N863.78 billion.