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Nigeria’s Defense to Gulp $9.5b in 5 Years—Report

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**As Boko Haram, Drug Trafficking to Drive Spending

By Dipo Olowookere

Nigeria will continue budget more for its defence sector as a result of Boko Haram menace and increased drug trafficking, a new report has said.

According to the ‘Future of the Nigeria Defense Industry-Market Attractiveness, Competitive Landscape and Forecasts to 2022’ report, the Nigerian defense budget, valued at around $1.5 billion in 2017, registered a negative CAGR of over 10 percent during the historic period

Nigeria is expected to spend a total of close to $9.5 billion on its defense over 2018-2022, and the country’s military expenditure is expected to increase at a CAGR of close to 9 percent to reach over $2 billion by 2022, the report added.

Nigeria has a long history of internal conflicts negatively affecting its economic growth and stability. The recent emergence of radical Islamic group Boko Haram intensified the rebellion in northeast Nigeria and led to a state of emergency announcement by the President regarding the affected states.

The report said the country’s capital expenditure’s share of the total defense budget increased from over 16 in 2013 to about 30 percent in 2017, and is expected to increase to an average of about 26 percent over the forecast period.

Allocations towards the army are expected to marginally decrease from an average of about 36 percent over the historic period to over 35 percent over the forecast period.

Similarly, allocations towards the navy are expected to decrease from just over 20 percent during the historic period to about 20 percent over the forecast period.

Allocations towards the Nigerian Air Force are expected to decrease from over 21 percent during the historic period to about 21 percent over the forecast period.

The report further stated that Nigerian homeland security expenditure increased from almost $1 billion in 2013 to about $1.5 billion in 2017, registering a CAGR of over 11 percent during the historic period.

Threats from Boko Haram and increased drug trafficking are expected to drive the country’s focus on defense spending, the report noted.

In order to counter these threats, the country is expected to invest in surveillance and intelligence technologies such as electronic identification documents, e-passports, automated border crossing systems, bio-metric identification, and CCTV (closed circuit television) systems, which are expected to be covered under defense spending.

As a result, the Nigerian homeland security budget is expected to increase at a CAGR of almost 14 percent over the forecast period, from around $1.7 billion in 2018 to close to $3 Billion by 2022.

Traditionally, the country has been an importer of weapon systems as domestic military production is small-scale and technologically inferior.

During the historic period, Russia was the largest supplier of military hardware to Nigeria with over 30 percent share of imports, followed by China with around 22 percent, the US with about 15 percent, and Ukraine, the Czech Republic, and South Africa accounting for around 9 percent, 6 percent and 5 percent respectively.  Most of the country’s imports consist of ships, aircraft and armoured vehicles.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Nigeria, Turkey to Fix Bilateral Relations for Better Visa Facilitation

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By Adedapo Adesanya

The governments of Nigeria and Turkey have agreed to collaborate on enhancing bilateral relations, with a focus on visa facilitation, business mobility, and consular matters.

The agreement followed a meeting in Abuja between the Minister of Interior, Mr Olubunmi Tunji-Ojo, and the Turkish Ambassador to Nigeria, Mr Mehmet Poroy, during a courtesy visit.

Mr Tunji-Ojo highlighted the strong historical and cultural ties between the two countries and Nigeria’s commitment to a “smart, structured, and practical approach to international cooperation” that promotes people-to-people contact and legitimate business engagement.

“These ties provide a solid foundation for deeper collaboration,” he said.

Ambassador Poroy provided updates on improved visa facilitation for Nigerian businessmen traveling to Turkey, noting that “under the new arrangement, applications are processed locally, allowing verified businesspersons to benefit from faster processing timelines of about three to four days.”

He also raised concerns about Turkish businesspeople facing challenges when visiting Nigeria for trade fairs and investments, citing conflicting information about Nigerian visa arrangements. “We request written clarification to guide applicants accurately,” Poroy said.

A key proposal during the meeting was the inclusion of Turkey in Nigeria’s electronic visa (e-visa) system.

“The absence of a Nigerian visa office in Istanbul creates logistical challenges,” the Ambassador explained, adding that, “Including Turkey in the e-visa regime would significantly enhance business mobility for Turkish nationals.”

In response, Mr Tunji-Ojo assured that “denying visas to genuine Nigerian or Turkish businesspeople is not in the interest of either country.”

He emphasized the Ministry’s commitment to “transparency, dialogue, and continuous improvement in visa administration,” stressing Nigeria’s openness to legitimate investors and international business partners.

The discussion also addressed recognition of Nigerian marriage certificates by foreign missions. The Minister clarified that “all marriage certificates issued under Nigerian law are constitutionally valid and should not require additional verification.”

The Turkish Ambassador acknowledged the concern and committed to reviewing embassy procedures, as both parties agreed on the importance of continued engagement to strengthen bilateral cooperation.

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US Delivers Military Supplies to Help Nigeria in Terrorism Fight

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By Adedapo Adesanya

The United States has delivered military supplies to Nigerian security agencies to bolster operations in several parts of the country.

This was disclosed in a post via X on Tuesday by the United States Africa Command (AFRICOM).

“The US forces delivered critical military supplies to our Nigerian partners in Abuja. This delivery supports Nigeria’s ongoing operations and emphasizes our shared security partnership,” the post read.

The development shows cooperation between both nations after US President Donald Trump previously threatened to invade the country over the killing of Christians.

Last November, the federal government dispatched a delegation to Washington, the US capital, aimed at strengthening security partnerships between the two countries and opening new avenues for cooperation.

Leading the delegation then was the National Security Adviser, Mr Nuhu Ribadu, who met with senior officials across the US Congress, the White House Faith Office, the State Department, the National Security Council, and the Department of War.

During the meeting, the Nigerian delegation refuted allegations of genocide in Nigeria, emphasising that violent attacks affect families and communities across religious and ethnic lines.

It also rejected the wrongful framing of the situation, saying such a portrayal would only divide Nigerians and distort the realities on the ground.

According to the presidency at the time, both countries agreed to implement a non-binding cooperation framework and to establish a Joint Working Group to ensure a unified and coordinated approach to the agreed areas of cooperation.

The Nigerian delegation also reaffirmed the government’s commitment to strengthening civilian protection measures.

On Christmas Day 2025, the US has launched strikes against militants linked to the Islamic State group (IS) in north-western Nigeria, where militants have sought to establish a foothold.

According to the Nigerian government, the operation was a joint operation and had nothing to do with a particular religion, adding that the strikes had been planned for quite some time using intelligence provided by the country.

The Nigerian government has long been fighting an array of jihadist groups, including Boko Haram and IS-linked factions, but largely in the North-East. However, some new groups are gaining footholds and the new supplies could help the Nigerian military continue its fight against terrorism.

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Waterway Accidents: FG Urges States to Ban Wooden Boats, Night Travel

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By Modupe Gbadeyanka

State governments have been advised to ban the use of wooden boats for commercial water transportation to reduce waterway accidents.

This call was made by the federal government through the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.

The Minister argued that wooden boats are unstable and are highly prone to capsizing because they deteriorate quickly, unlike fibre and aluminium vessels which are more durable and safer.

His call followed incessant boat accidents in some parts of the country.

He charged the sub-nationals to adopt safer fibre-reinforced plastic and aluminium vessels to tackle the recurring and avoidable waterway accidents.

Mr Oyetola urged strict adherence to water safety regulations, warning against night travel, overloading, and the use of rickety vessels, while stressing the importance of wearing life jackets.

He disclosed that 35,000 life jackets were distributed to riverine states in 2025 and called for stronger collaboration with state governments to improve safety, noting that water transport remains critical to Nigeria’s blue economy.

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