According to the budget President Muhammadu Buhari presented to a joint
session of the National Assembly in December, 2015. N65.03bn is said to be for the acquisition of various military aircraft, combat
equipment, trucks and maintenance of boats among others in the 2016
fiscal period.
According to an analysis
of the budget document, The N65.03bn which is part of the total sum of N311.38bn will be allocated
to the Nigerian Army, Navy and Air Force for the 2016 fiscal year.
Out of the N311.38bn, the sum of
N139.8bn, made up of capital expenditure of N120.01bn and recurrent
expenditure of N19.78bn is allocated to the Nigerian Army.
For the Nigerian Navy, the sum of
N85.97bn is allocated for its operations. This amount is made up of
N60.33bn for recurrent expenditure and N25.64bn for capital spending.
The Nigerian Air Force has a total
budget of N85.61bn, made up of N62.15bn for recurrent expenditure and
N23.46bn for capital expenditure.
Giving details of the weapons to be
acquired for the operation of the Navy, the fiscal document states that
the sum of N5bn is budgeted for the procurement of three JF-17
Thunder-multi role combat aircraft.
The government, according to the
document, has also allocated the sum of N11.6bn for the procurement of
two MI-35m helicopter, while N2.06bn is being proposed to acquire 10
Super Mushak trainer aircraft.
Other operational equipment to be
acquired for the Navy are aircraft spares, N1.7bn; combat equipment,
outfits and training for Quick Response Force, N350m; arms and
ammunition such as 30MM Canon, 68MM SNEB live rocket, F3 and F4 practice
bomb, N480m.
Also being proposed for the Navy is
infrastructural development at the newly established Forward Operational
Base and NAF Units at a cost of N2.2bn.
For the Nigerian Army, the budget
document states that the sum of N5.64bn has been budgeted for the
purchase of defence equipment; N2bn for kitting of armed forces
personnel; and N1.96bn for the purchase of trucks.
Similarly, the sum of N2.07bn is being
proposed for security votes including operations while N7.24bn has been
budgeted for the construction of military barracks.
For the Navy, the budget document states
that the purchase of defence equipment will gulp N18.29bn while the sum
of N372.95m and N734.06m are budgeted for the maintenance of aircraft
and sea boats respectively.
In the same vein, the document indicates
that the government is planning to spend N1.7bn to purchase surveying
equipment, N296.88m to fuel aircraft; N645.35m for sea boats and
N706.07m for security votes, including operations.
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