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Nigeria has spent $19.9bn on security-World Bank

Nigeia has spent $19.9bn on security-World Bank

 

To say the war against insecurity has taken its toll on the country would be an understatement as thousands have been lost.

However, some experts have identified corruption in the budget reallocation which they say contribute to the unending carnages.

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In the last twelve years, a lot of efforts have been put to end terrorism. Thousands of people have been displaced in their country in the absence of conventional war.

[wonderplugin_video iframe=”https://youtu.be/DQaUp1nn39A” lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]

In 2020, fatalities due to attacks were put at over 2,300 with 1,245 deaths and 390 people kidnapped.

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Beacon Consulting said at a webinar said between January to June the number of fatalities increased by 35.9 percent. From 2016 to 2022, Nigeria has spent over 19.9 billion dollars in total on security alone, this is according to the World Bank. Some of these funds have gone unaccounted for.

Speaking, Director of Cleen Foundation, Salaudeen Hashim said we have seen how our top military brass have actually created some kind of merchandise around defense and security budgeting.

“We have have taken one billion on two different occasions, first in 2014 and before then to be able to buy military hardware and those monies have also gone without every critical traction as to how the monies have been spent.

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For Professor Samuel Andrews of the school of Law,University of Gondar, Ethiopia, the country’s lost to insecurity is unquantifiable.

According to him there’s a failure in management of resources and there’s also a failure in organisation.

“As a matter of fact, money doesn’t really solve problems. In terms of number one problem of Nigeria which is corruption it’s across the
board. The system is not helping Nigerians.

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Those who should watch over the funds, the appropriation, are not doing the right thing.

While questions are raised on Investigation of military spending, there’s need to address agency rivalry if the nation is to curb and win
the fight against insecurity.

A research was sponsored by CISLAC (Civil Society Legislative Advocacy) in collaboration with Transparency International defense and security.

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