Tag

Finance

Nigeria’s Security Sector: Where do the funds go?

Despite the economic uncertainty around the new normal, Federal Government (FG) increased the capital expenditure budget for security, 2021. The budget which was ₦190.65 billion in 2020 now futures an 11.3% spike to ₦212.32bn for the following year. The projected sum per data from the Budget Office of the Federation is part of the expected total ₦12.65 trillion capital expenditure ceiling for Ministries, Departments, and Agencies (MDAs).