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Finance Ministry Denies Withholding Army Budget

The Ministry of Finance, Budget and National Planning has denied withholding funds appropriated for the Nigerian Army, says N1trn had been released for the Nigerian Army from january 2019 till April 2021

The Finance, Budget and National Planning Minister, Hajiya Zainab Ahmed, made the revelation when she appeared before members of the Senate Committee on Army led by Senator Mohammed Ali Ndume.

The Finance, Budget and National Planning Minister, Hajiya Zainab Ahmed
The Finance, Budget and National Planning Minister, Hajiya Zainab Ahmed

She said, the Army got N1,008.84 trillion as budget releases between January 2019 and this year’s first quarter.

The Ministry stated that the funds were released at the right time.

Ahmed also revealed that apart from funding the budget of the army almost 100 per cent, there had been a lot of instances where the security service went to the president, got special approvals and still got the funds.

Citing a letter from the Chief of Defence Staff last week, Ndume said the military authorities complained that they had a shortfall of over N50 billion as far as fund releases from the Finance ministry was concerned.

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Giving a breakdown of the money disbursed to the Nigerian army between January 2019 and April 2021, the Minister said N129.69bn was for capital; N39.76bn, overhead; N681.79bn, personnel and N157.6bn, special releases.

Ahmed added;

“So perhaps what we’re providing is not enough, but the fact is we provide what’s budgeted and we provide what’s approved.”

She said that the ministry has been “responsible and responsive” in providing funds for the Nigerian Army.

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