Nigeria's defence budget rises from N934bn in 2015 to N2.2trn in 2024

Nigeria's defence allocations have seen a substantial increase over the past decade. The budget grew from N934 billion in 2015 to N2.2 trillion in 2024.

Nigeria's defence spending has markedly expanded in recent years, reflecting priorities in national security. Reports indicate that allocations for defence rose from N934 billion in 2015 to N2.2 trillion in 2024. This growth highlights the government's focus on bolstering military capabilities amid ongoing challenges. No further details on the reasons for the increase or specific uses of the funds were provided in available sources. The figures underscore a more than doubling of investment in defence over the nine-year period.

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