The Speaker of the House of Representatives, Femi Gbajabiamila has stated that records show that only nine per cent of the total budgetary allocation to the Nigerian Armed Forces is spent on equipment.
Gbajabiamila made this known at a public hearing on the Armed Forces Support Trust Fund (Establishment) Bill, organised by the House Committee on Defence on Monday in Abuja.
Gbajabiamila said that appropriation records show that about 91 per cent of the current funding of the Armed Forces is spent on recurrent overhead, salaries and welfare.
“This bill seeks to provide an injection of additional capital funding for the Armed Forces of Nigeria at a crucial time in our nation.
“I am sure many of you will wonder why the Armed Forces of Nigeria need an additional financial injection at this time.
“The fact based on appropriation records is that about 91 per cent of the current funding to the Armed Forces go on recurrent overhead, salaries and welfare, leaving only nine per cent for capital purchases.
“This reality has prompted this 9th House of Representatives to seek a way of providing funds that will be focused on the capital needs and training of our Armed Forces,’’ he said.
Gbajabiamila said that the importance of the bill is evidenced by the dwindling resources available to the Armed Forces of Nigeria to prosecute the various security operations it is involved in.
According to him, this requires innovative ideas to raise additional funds without placing any burden on Nigerians, in support of the Nigerian military.
Gbajabiamila said that Nigeria’s expenditure on military hardware and training in the last five years hovers between a paltry nine to 11 per cent of budgetary allocation to the Armed Forces.
He said that it is grossly incapable of empowering the military to face the security challenges in the country especially the insurgency in the North East.
Gbajabiamila said that to succeed in the fight against insecurity, the Armed Forces of Nigeria required more funding for modern weapons and required training.
He said that spending on military hardware must definitely increase to support the zeal and commitment already being exhibited by the soldiers.
The speaker said the bill is a time-limited endeavour to upgrade the equipment infrastructure of the Armed Forces.
According to him, if Nigeria must develop, we need to get our security estate right by ensuring that our military is adequately equipped and well-trained; this requires funding that cannot be sourced solely through the annual budget provisions.
Gbajabiamila said that during war times, countries do not fund their military through regular appropriation alone as seen in the United States, United Kingdom and all Western powers who engages in extra-budgetary funding.
“Nigeria is at war against insurgency, terrorism, kidnapping and all manner of insecurity; hence the need to uplift the resources available to our armed services to enable them to procure the best tools to help win this war.
“So, what we seek to do in this bill is not new or unique to us as a nation; the solution to our security challenges requires asymmetric actions across many policy areas. This is what we have tried to do as the representatives of the people.
“The concept of a trust fund already exists for the Nigerian Police; it only makes sense to also bolster our military capability as well through this unique vehicle,’’ he said.
By Mayowa Oladeji
Join the conversation
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...
INVESTIGATION….N.3bn down the drain: Why water projects for Enugu communities don’t work
In this concluding part, ARINZE CHIJIOKE talks about some of the projects that are serving the people and how various WASH programmes have failed to tackle...
INVESTIGATION…PARKVIEW ESTATE: Exclusive images of how billionaire property developer incurred Lagos govt‘s anger
Many have seen the demolished building, but not many know the circumstances that led to the teardown of the about...
INVESTIGATION… N.3bn down the drain, as Enugu communities suffer from dry taps
In November 2020, three organizations and the Enugu State government celebrated the completion of N300 million worth of projects that were expected...
INVESTIGATION… How herdsmen crisis compounds woes of already deprived Ogun communities
Earlier in January, the Nigerian media space was awash with reports of violence between herders and farmers across the country....