• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, August 31, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Tinubu’s defence spending not shrouded in secrecy – IMPI

Tinubu

The Matters Press by The Matters Press
December 22, 2025
Reading Time: 2 mins read
0
Fishermen hail army over retake of Baga

Military armourred vehicles roll in Borno.

The Independent Media and Policy Initiative (IMPI) has said that there is more transparency in defence procurement on the watch of President Bola Tinubu.

RELATED POSTS

Finance bill 2027, a wake-up call to free trade zone stakeholders

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

In a policy statement signed by its Chairman Dr Omoniyi Akinsiju, the think tank said it came to that conclusion after making use of a platform set up by a civil society group for Nigerians to keep track of all expenditure in the public sector.

“We can establish that the secrecy that once cloaked past arms procurements no longer obtains. All government transactions are listed in detail on the portal, govspend, a civic tech platform that tracks and analyses federal Government’s spending.

“The portal listed government expenditure on arms, including N14bn on various military equipment between September and October 2024. At the same time, it shows that in the first seven months of 2024, the government spent N63.6bn to procure equipment and ammunition for the military and the Office of the National Security Adviser (ONSA).

“Earlier, on April 16, 2024, the government, through the Ministry of Defence, paid N990m to a company, Equipment and Protective Applications International Limited, for the procurement of ammunition. Similarly, on April 22, 2024, the ministry paid N941m to the same company for “the procurement of light tactical armoured vehicles, heavy anti-mine armoured vehicles, and ammunition for the Armed Forces of Nigeria.

“The defence ministry also paid N3.2bn for “the procurement of bullet-resistant guard booths with surveillance capacity and proximity detectors for the armed forces, on July 2, 2024. The ministry also deployed N33bn in five tranches on July 26, 2024, through its Naira Transit Account, for the purchase of critical and urgent operational equipment for the military.

“A payment of N3bn was made on July 27, 2024, by the Defence Headquarters for “critical and urgent operational support to procure operational requirements (balance of 50 per cent of the 2023 supplementary appropriation).

“The government also made a N22bn payment to ONSA on July 31, 2024, as a special intervention for the procurement of essential equipment,” IMPI said.

The group however made a case for an independent oversight body to be saddled with the responsibility of ensuring funds are well utilized for functional military hardware.

It added that every foreign purchase must include after-sales agreements.

End

Tags: SecurityTinubu
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Japan’s Sumitomo opens third plant in Phnom Penh’s SEZ
Economy/Technology

Finance bill 2027, a wake-up call to free trade zone stakeholders

August 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

August 28, 2026
Southeast, Southwest worry over Atiku’s six-year policy plan
Economy/Technology

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

August 25, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Tinubu’s era most peaceful period in Nigeria’s tertiary education since 1999 – TMSG

August 17, 2026
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Military gets pay rise

August 5, 2026
Police nab 233 officers for graft
News

Nigeria marches toward state police

August 4, 2026
Next Post
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package

Tinubu building a more modern, combat -ready military - IMPI ‎

Gombe: Troops take over to enforce peace

TDF welcomes joint US/Nigeria operations against terrorists in Sokoto

Recommended Stories

Obasanjo’s mango farm on fire

Obasanjo’s mango farm on fire

January 31, 2022
Osinbajo sees new development plan as tool to accelerate growth

Osinbajo sees new development plan as tool to accelerate growth

November 21, 2021
TCN upgrades Egbin Transmission Substation

TCN undergoes restructuring as it installs CCT cameras to minimise vandalism

December 13, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Finance bill 2027, a wake-up call to free trade zone stakeholders
  • ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY
  • Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us