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