2022 Budget: FG Votes N2.14tn for Defence
The Federal Government has allocated the sum of N2.14tn to Defence and Security, in the 2022 Proposed Appropriation Bill.
According to the Minister of Finance, Budget and National Planning, Zainab Ahmed in her briefing on Friday, the sum allocated to the defence and security sector includes recurrent and capital expenditure for the Military, Police, Intelligence Services and Para-Miltary.
“Some of the projects that will be funded with the allocation include balance payment for the procurement of 3 X JF – 17 Thunder Aircraft, support equipment and spares including targeting Pod for JF – 17, complete with aircraft arms and ammunition (N22.08bn), procurement of 30/32/35 metre hydro survey ship and landing ship tank (N9.69bn) and procurement of 3 X AW109 helicopters and part payment for procurement of 1 X AW139 Helicopter (N1bn),” she said.
Others are the Completion of Naval War College complex (N4.4bn) and the upgrade of the Nigerian Navy Reference Hospital Ojo (N1.4bn).