While presenting the 2014 budget signed last week by Pres.
Jonathan to newsmen, the Coordinating Minister of the Economy and
Finance Minister revealed that the Nigerian military has received
N130.7billion from the Federal Government from January to April 2014 and that
another N3.8b has been approved by the president but was still being processed and will soon be released to the
military.
She revealed this to deny claims by the Nigerian military and other security agencies
that poor funding was undermining ongoing war against terrorism. Defending the huge amount being spent in the military, Dr Okonjo-Iweala said;
"Defence spending is top in everything. You know that military establishments need new things to assist them in their work, and ours will not be different. No budget will be enough to meet their demands but for now, I think the sector takes almost a trillion of the budget.”
"The defence budget in 2014 is about N968.127 billion and we have disbursed N130.7 billion between January and April 2014, N85.9billion out of what has been disbursed is for personnel cost.
What ve we achieved from all these huge amount of money disbursed?
ReplyDeleteHow are we sure the military got the money?
###############GOD################################punish################################devil#############
What is 130.7b compare to one wmn repairing an air craft for 8b. Oga at the top must have enriched themselves with the mny, I think it was one of the reasons for their mutiny.
Delete""The defence budget in 2014 is about N968.127 billion and we have disbursed N130.7 billion between January and April 2014, N85.9billion out of what has been disbursed is for personnel cost."" many of us don't comprehend when we read! Out of 968.127 budgeted for 2014, only 130.7billion has been released in 5months! Not even close to half the sum for 6months. We need to read between the lines to see that the govt has not released enough funds. Secutity is expensive esp at this tough time of BH and other internal security wahala!
DeleteHow much is Boko Haram's budget pls? Whatever it may be, I don't think it is 1/7th of what they say it's our "security budget". That is why we are losing cos I don't think with all these monies we cannot still provide our soldiers with basic living conditions. They don't even get the salaries due to them! So where do these men get the motivation to fight?
DeleteDats a Lotta quid for doing nothing
ReplyDeleteCongratulations.......yawn
ReplyDeleteAnd yet they are saying poor welfare package and no ammunition to fight BH? Deris God ooooo
ReplyDeleteWhat's 130billion when human lives are concerned?The money is still not enough,its better to waste it on security than for the light fingered politicians to embezzle.
ReplyDeleteLol @ light fingered politicians. My friend haf vex.
Delete@bonita It's so obvious you are IGNORANT!! So IGNORANT. Do you know whether the generals are intentionally not giving the soldiers enough bullets so that the insurgency would not cease hence they have more money?? You act so clueless. If northerners affected read your post with UNDERSTANDING, they may slaughter you. Do you know if the generals are enriching themselves from these, and ofourse!! Starving the young soldiers?? Our soldiers are capable of tackling these boko haram boys withon 3 weeks. It is probably these generals, who sit on their pay, and give them MISERABLE GUNS and BULLET. Linda better post am
DeleteAnd still yet nothing is achieved...BH killing people like ants.
ReplyDeleteIm sure d ogas at d top wil b lavishin d money. .
ReplyDeleteHi Lady Ngozi,
ReplyDeleteDont worry about it -the monies only dissappeared by mere stealing -
Your Oga at the top
Whr d money con enter? Abi money sef don dey fly?
ReplyDeleteLol
DeleteOh!!!! They were given such huge amount of money!! And still complain of low fund!!! Who is fooling who???
ReplyDelete#Pesty
Wow! I believe I'm beginning to understand the reason behind the mutiny of the soldiers in Maiduguri. I bet if the funds had been used judiciously, all the way down the ladder to the last soldier, discontentment would not be an issue. Sad.
ReplyDeleteOkonjo iwuala reveals budget & amt released to d military, yet military cries poor fundin undermining effective operation ?=who is sabotaging who?
ReplyDeletei hope checks on corruption has been put in place! monies have always been released.
ReplyDeleteSo where is the billions billions naira? Siphoning money at the detriment of human lives.Once the complete amount leaves it base, it gets to its destination in bits.Smh.
ReplyDeleteHehehe,o ma lagbara o...Jesus deliver Nigeria from this evil doers please.
ReplyDeleteAnd all d money will go 2 dere pockets!!!!! Mtcheeeeeew
ReplyDeleteNdi oshi, na only God knw d exact amout u will gve 2 d military
ReplyDeleteThe problem is mainly the fact that the military are not loyal to the president...; are they not the same ppl that help other African countries in their respective battles?
ReplyDeleteGod's intervention is needed in Nig asap!
* My R1.50c comment *
Ndi Ohi
ReplyDeleteBillion billion everyday buh no sign of improvement! Countries dat doesn't av d kind of budget we av, has better security than ours. Its all abt #corruption anyway.
ReplyDeleteThat huge amount without any impact. Shame on u madam! ⌣̊┈̥-̶̯͡»̶̥♡thanks ⌣̊┈̥-̶̯͡»̶̥
ReplyDeleteU fool.. illiterate... she disbursed the money to the military and they can't even give an account on it
DeleteOMG!!! What a country 85.9 billion for personnel cost and you guys are owing those men in the battle field a pea nut of 100k, biko what is 100k? I can't even pass a night in Borno for 100k let alone fighting Ogas at the top dia is God oo
ReplyDeleteAll dis cash still dis morons are complaining that they are not funded properly?? It is well..is she telling lies??thunder fire them mtchhhwww..na to dey shave hair our soldiers sabi..........................#King
ReplyDeleteCommon SHARRAP there!!!!!!!!!! All we keep hearing is all this money being spent..approved etc..yet our military still use outdated weaponry...no good roads or adequate infrastructure...nothing at all to show for the billions u guys claim to spend every year! may God punish ALL of you who continue to drive this great country into the ground. #FOOLS!!!!!!!!!!
ReplyDeleteAnd the ogas at the top are consuming three quarters, most of the equipment and ammunition needed to fight the terrorists are old, so where does the money go to?
ReplyDeleteIs it just me or is anyone seeing d twist in dis fight against boko haram?d slothful ways in which d military s handling dis issue has something to do wit d appropriated funds..its not like they cant fight d insurgency bt are jst delaying it so huge amount of money will kip flowing in n they will in turn divert it to their own selfish use..Even d US navy does not recieve such a huge amount of moni within such a short period...under-funding my ass.I think its high time FG orders probing of our top military personels cos i can see a dangerous cabal at d d helm of affairs in our military...God help my beloved country Nigeria...GOD BLESS nigeria
ReplyDeleteHmmmmmmm
ReplyDeleteAsa usual an inconclusive probe will start and lead to nothing.
ReplyDeleteNa wa ooh. So much money spent in just the first quarter of the year and yet, they can't combat terrorism or even approach their Sambisa camp. Nigeria my country. Odiegwu!!!
ReplyDeleteWhere did it all go? Inside the pockets of senators and ministers!
ReplyDeleteAnd tomorrow one idiot called Lie Lie abi Lai Mohammed will. Come out to say that the. GEJ Govt is not funding the Military?
ReplyDeleteBillion!!! Nw who we go believe, Goverment or the armies.... ??
ReplyDelete.
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***CURRENTLY IN JUPITER***
Those soldeirs have turn terrorism into money making schemen, that's the reason why there are using kalot stick to handle boko haram bcos North east is now a tradefair between the military and boko haram!
ReplyDeleteFor real are u sure d money is being use for the purpose it was giving
ReplyDeleteWhat? Those generals have a lot of questions to ans regarding how the money was spent and why the poor soldiers are complaining of being ill-equiped to fight BH. What did those theives do with the money?
ReplyDeleteSo pissed right now
God will judge all of u... Thieves!
ReplyDeleteTruthfulness pays!
Yes, money has been released to the military, no doubt about that. The question is where the money is going to and how its being spent is the crucial thing. We need proof of what the money are being used for and a proper audit of the military accounts. The money is for security and not for building mansions or for the personal use of the top military brass.Period. This boko haram thing will expose everything as the worlds attention is now focus on Nigeria.
ReplyDeleteNgozi OK
ReplyDeleteWhen corruption is the order of d day,what do you expect?
ReplyDeleteShygal
The military head wud eat d moni since they are not patriotic and bonario will stil blame goodluck asif they dbt giv dem moni
ReplyDelete@chux.com....i think the military has something to tell Nigerians' about bokoharam
ReplyDeleteSo who is short changing the country?
ReplyDeleteThe ogas @ d top jst dey chop d money abi? An d BH jst dey kill d oga sir
ReplyDeleteThe ogas @ d top jst dey chop d money abi? An d BH jst dey kill d oga sir
ReplyDeleteDear Aunty Ngozi we are tired if hearing how many billions were disbursed. To whom were the monies disbursed. Do the accounts the monies were paid into not have signatories? Who signed out the money? What was it used to pay for? We are tired of all this brick back if monies that were budgeted was disbursed and ended up not reaching those for whom it was meant for or not used for its legitimate purpose then some people should be cooling off with SSS. Please follow the money and get to the root of this rubbish. Contrary to what ur principal GEJ said. CORRUPTION IS THE ROOT OF ALL OUR PROBLEMS IN NIGERIA SINCE 1960. God bless Nigeria!
ReplyDeleteThat's a reasonable comment @nkem. Nigerian leadership has been defiled by corruption. And that's the problem in this country.
DeleteGod have mercy on this country! Billions! And yet the junior officers have not even smelt jack, neither did they use it to procure arms to help fight terrorism. And the Senior officers are enjoying all these loots. Nigeria na real jaga jaga.
ReplyDelete130b... What???. Well maybe they can explain how it was spent. Its crystal clear there is nothing to show for it.
ReplyDeleteFor those of u calling our president names and saying that he is too slow to act I wonder wat else u want the man to do. Maybe carry gun and run after de terrorist. Lets give this guy a break. ***CATCH ME IF U CAN***
ReplyDeleteSo where is all this money going to? Naija na wa o!
ReplyDeleteThat is part of y this country can't move forward...everyone wants to chop money without working... The ogas at the top don chop clean mouth SMH!
ReplyDeleteHw much are u people paying d millitary?a private army man does not earn more dan 40,000 and they live in d forest fighting d boko haram u people are in ur offices saying rubbish.how much is her own salary when she is always in her office wit full air condition.
ReplyDeleteNonsense people lie 2 ur selves
ReplyDeleteJust goes to show the military is behind boko haram. After all there agenda was to make nigeria ungovernable for GEJ. Nonsense human beings
ReplyDeleteAll this pot holes and bottle neck ppl in military and politics need to be swept off.....
ReplyDeleteIt seems to me that the finance minister is severely detached from reality. If this amount was released and our troops are still short of arms, ammunition, surveillance equipment and basic allowances then there is stealing and diversion going on. Madam should ask the soldiers in Borno if they are getting the materials they need to do the job.
ReplyDeleteAnd after the will still blame Goodluck mtcheeeew! .. This is a whole lot of money to achieve something but now all the BH in the military sector will lavish it so that people like Bonario and others will put blame on the president. Sabotao every where I pity mr president.
ReplyDelete130 billion in 4 months???!!!!!!..Haaaaa…And they say no money to buy arms!? They are owing junior officers! Ha the black man is WICKED! Make una fear God oh!!!
ReplyDeletestill dont understand where this is leading to..Let's wait and see..there is a lot behind this.
ReplyDelete#onlyGODcanhelp
THEY SHOULD ASK THE HAUSA MILITARY GENERAL ELITES, DANJUMA,BABANGIDA BUHARI AND CO WHAT THEY USED ALL THESE BILLIONS FOR, IS IT TO FUND BOKO HARAM AND DESTABILIZE THE GOVERNMENT. THAT IS A LOT OF MONEY TO SPEND AND THEY CANNOT EVEN BUY BULLETS OR MILITARY VEHICLES. WHICH WAY NIGERIA
ReplyDeleteDeris God oooooooooo
ReplyDeleteIt stil cums bak to d President.al d top military men should b answerabl to him.so if money is disbursed and their nothing to show for wat Its been done with shudnt he cal for answers?but d dummy just folds his arms,nd sum dummies lik him wil say cut him sum slacks.if he can't handl d heat,pls sum1 tel d fooool to resign.worst president evaa
ReplyDeleteWhere the money come waka go? if the soldiers @ the war front are not getting the money due for them,after the sharing formular ,the house standing committe on defence of both the house of senate and rep,have taken their share,the ogas of soldiers take their own ,what will be left?
ReplyDeleteDaniel says so!!!
How are we not sure they govt are not the ones behind the so called bombings just to use it as an excuse to syphone the nations funds? Cos they've been more than lethargic about all the occurances and I'm beginning to smell foul play somewhere.....wiv all the pictures of fake troops. SMH.....I'm sorry for Nigeria *In Fela's Voice*
ReplyDeleteA lot of money has been disbursed into the military' Yet Chibok girls are still missing,Boko-Haram are still operating day and night. Nigeria Army needs to setup their operations in combating terrorist.
ReplyDelete>VIA TECNO B3
That's why they are all purchasing properties and building Mighty houses and Hotels in Abuja - no be me be the source o - real estate people for Abuja talk am.
ReplyDeleteMeanwhile, they have refused to purchase night vision, solid bullet proof vests and armouries for it's poor soldiers who keep getting killed by insurgents.
Soon all these will Stop...When I become the first female president...and the youngest to ever rule Nigeria...it doesn't seem possible to mere mortals...but when God is with You anything is possible! But for now please *Bring back our Girls* and Stop BH. That's all we ask...For When there is life,There is hope for us all...
ReplyDeleteThe military is corrupt, as well as every other sector in Nigeria.the money only circulate whethen the high ranking officers while those in the battle front are left without .
ReplyDeleteI hate d way people reasons at times,having provided such money to the military and they are complaining especially the lower ranks military men,it means deir top ogas are sharing d money among themselves. Its just greed on their parts. So y are we attacking iweala
ReplyDeleteAbove 900b naira budget.dats too much.buh its reflecting on d lower rank officers.
ReplyDeleteEvery situation is an avenue to embezle our money...congrats to ngozi nd co for this success
ReplyDeleteSuch monies spent with nothing to show for it?
ReplyDeleteIn God we trust!
is a mere theft according to jonathan.
ReplyDeleteIt is well, carry on, God sees all things, the blood of the dead is on your head, using humans lives to make money,? There is no need to go far, we now know those encouraging terrorism in this Counrty all because They want to be rich over night, God will judge this matter, keep it up, there is always an end for everything ,can you just imagine ? God have mercy oh. Humm .i can't just get over this.
ReplyDeleteWill this solve the problem ?
ReplyDelete#AllThisOneNaStory
ReplyDeleteThis lady is a total joke, the denomination used for intrenational arms trade is the dolllars.. Evaluate this Naira into dollars and you will see that it can't even buy a SU-25 frogfoot.. So much for a patriotic minister of finance!!! (Spats)
ReplyDelete