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$1bn fund: How defence ministry purchased N37.9bn military vehicles, arms

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Published 3:15 am
The Ministry of Defence has purchased equipment for the Nigerian Army, Nigerian Navy and the Defence Intelligence Agency worth $99.5m (N37.9bn), out of the $1bn approved by the President, Major General Muhammadu Buhari (retd.),
Sunday PUNCH can authoritatively report.
Buhari, on April 4, 2018, was said to have approved the $1bn fund for military equipment, following a meeting with security chiefs at the Presidential Villa, Abuja.
Then Minister of Defence, Brig. Gen. Mansur Dan-Ali, spoke with State House correspondents after the meeting, saying, “Of recent, our leader, President Muhammadu Buhari, gave approval for the purchase of more equipment for the military, worth $1bn.” ....

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