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GMB Spent More On Military Hardware Than GEJ by soloyes(m): 10:08am On Jan 14, 2015
Again a sitting president doesn't have records but speaks like a drunkard arguing in the beer parlour. GEJ said he spent more on purchasing military hardware but look at what documents have shown;

Published in the Journal of African Macroeconomic Review, Volume 2 Number 1, the study, entitled: “ Comparative Regime   Analysis of the Trend and Structure of Military Expenditure in Nigeria, 1980-2010,” revealed that while the Buhari/Idiagbon spent 38.68 per cent of total allocation to the military on capital items such as military hardware between January 1984 and August 1985 when it was overthrown, the Yar’Adua/Jonathan administration spent 34.67 per cent of military budget between May 2007 and May 2010.

Authored by Anyanwu Sarah, Egwaikhide Chris and Aiyedogbon John Olu Coris, the study observed as follows: “Buhari/Idiagbon in 1984 also allocated 38.68 per cent and 61.32 per cent for capital milex and recurrent respectively. They spent approximately 16 months. The Ibrahim Babangida regime (1985-1993) spent 19.58 per cent on capital milex and 80.42 per cent on recurrent milex. Abacha/Shonekan/Abdulsalam (1993-1999) regime expended 24.10 per cent on capital milex and 75.9 per cent on recurrent milex.

The civilian administration of Olusegun Obasanjo (1999-2007) for a period of eight years, spent 17.44 per cent of her total milex on capital milex and 82.56 per cent on recurrent milex. Yar’adua/Jonathan (2008-2010) had so far spent 34.67 per cent on capital milex and 65.33 per cent on recurrent.”

Milex refers to military expenditure.

Other studies show that since Jonathan took over the reins of leadership, the capital budget for military hardware has been decreasing while recurrent has been increasing.

For instance, analysing the 2012 defence spending as proposed by the Jonathan administration, APC Governorship Candidate for Kaduna State, Mallam Nassir el-Rufai observed: “When one carefully peruses the capital budgets of the DHQ and Army, most of the capital spending is going towards buildings, some ammunition and vehicle spares.

This year, we are not buying any equipment for the armoured, artillery and other mechanisation needs of the Army – at least not anywhere in the budget.

“The Navy and Air Force are slightly better. The Navy is buying two (yes only two) offshore patrol vessels and six coastal patrol boats and some spares. The Air Force intends to acquire 12 Augusta 109 helicopters, some uniforms, the reactivation of C-130, G222, Alpha Jets and maintenance, and some buildings. No new fighter jets this year!”

The situation was worse in the recently signed Budget 2014 which allocated 90 per cent of military expenditure to salaries and other recurrent needs while a meagre 10 per cent went to military hardware.[b]Again a sitting president doesn't have records but speaks like a drunkard arguing in the beer parlour. GEJ said he spent more on purchasing military hardware but look at what documents have shown;

Published in the Journal of African Macroeconomic Review, Volume 2 Number 1, the study, entitled: “ Comparative Regime   Analysis of the Trend and Structure of Military Expenditure in Nigeria, 1980-2010,” revealed that while the Buhari/Idiagbon spent 38.68 per cent of total allocation to the military on capital items such as military hardware between January 1984 and August 1985 when it was overthrown, the Yar’Adua/Jonathan administration spent 34.67 per cent of military budget between May 2007 and May 2010.

Authored by Anyanwu Sarah, Egwaikhide Chris and Aiyedogbon John Olu Coris, the study observed as follows: “Buhari/Idiagbon in 1984 also allocated 38.68 per cent and 61.32 per cent for capital milex and recurrent respectively. They spent approximately 16 months. The Ibrahim Babangida regime (1985-1993) spent 19.58 per cent on capital milex and 80.42 per cent on recurrent milex. Abacha/Shonekan/Abdulsalam (1993-1999) regime expended 24.10 per cent on capital milex and 75.9 per cent on recurrent milex.

The civilian administration of Olusegun Obasanjo (1999-2007) for a period of eight years, spent 17.44 per cent of her total milex on capital milex and 82.56 per cent on recurrent milex. Yar’adua/Jonathan (2008-2010) had so far spent 34.67 per cent on capital milex and 65.33 per cent on recurrent.”

Milex refers to military expenditure.

Other studies show that since Jonathan took over the reins of leadership, the capital budget for military hardware has been decreasing while recurrent has been increasing.

For instance, analysing the 2012 defence spending as proposed by the Jonathan administration, APC Governorship Candidate for Kaduna State, Mallam Nassir el-Rufai observed: “When one carefully peruses the capital budgets of the DHQ and Army, most of the capital spending is going towards buildings, some ammunition and vehicle spares.

This year, we are not buying any equipment for the armoured, artillery and other mechanisation needs of the Army – at least not anywhere in the budget.

“The Navy and Air Force are slightly better. The Navy is buying two (yes only two) offshore patrol vessels and six coastal patrol boats and some spares. The Air Force intends to acquire 12 Augusta 109 helicopters, some uniforms, the reactivation of C-130, G222, Alpha Jets and maintenance, and some buildings. No new fighter jets this year!”

The situation was worse in the recently signed Budget 2014 which allocated 90 per cent of military expenditure to salaries and other recurrent needs while a meagre 10 per cent went to military hardware.[/b]Again a sitting president doesn't have records but speaks like a drunkard arguing in the beer parlour. GEJ said he spent more on purchasing military hardware but look at what documents have shown;

Published in the Journal of African Macroeconomic Review, Volume 2 Number 1, the study, entitled: “ Comparative Regime   Analysis of the Trend and Structure of Military Expenditure in Nigeria, 1980-2010,” revealed that while the Buhari/Idiagbon spent 38.68 per cent of total allocation to the military on capital items such as military hardware between January 1984 and August 1985 when it was overthrown, the Yar’Adua/Jonathan administration spent 34.67 per cent of military budget between May 2007 and May 2010.

Authored by Anyanwu Sarah, Egwaikhide Chris and Aiyedogbon John Olu Coris, the study observed as follows: “Buhari/Idiagbon in 1984 also allocated 38.68 per cent and 61.32 per cent for capital milex and recurrent respectively. They spent approximately 16 months. The Ibrahim Babangida regime (1985-1993) spent 19.58 per cent on capital milex and 80.42 per cent on recurrent milex. Abacha/Shonekan/Abdulsalam (1993-1999) regime expended 24.10 per cent on capital milex and 75.9 per cent on recurrent milex.

The civilian administration of Olusegun Obasanjo (1999-2007) for a period of eight years, spent 17.44 per cent of her total milex on capital milex and 82.56 per cent on recurrent milex. Yar’adua/Jonathan (2008-2010) had so far spent 34.67 per cent on capital milex and 65.33 per cent on recurrent.”

Milex refers to military expenditure.

Other studies show that since Jonathan took over the reins of leadership, the capital budget for military hardware has been decreasing while recurrent has been increasing.

For instance, analysing the 2012 defence spending as proposed by the Jonathan administration, APC Governorship Candidate for Kaduna State, Mallam Nassir el-Rufai observed: “When one carefully peruses the capital budgets of the DHQ and Army, most of the capital spending is going towards buildings, some ammunition and vehicle spares.

This year, we are not buying any equipment for the armoured, artillery and other mechanisation needs of the Army – at least not anywhere in the budget.

“The Navy and Air Force are slightly better. The Navy is buying two (yes only two) offshore patrol vessels and six coastal patrol boats and some spares. The Air Force intends to acquire 12 Augusta 109 helicopters, some uniforms, the reactivation of C-130, G222, Alpha Jets and maintenance, and some buildings. No new fighter jets this year!”

The situation was worse in the recently signed Budget 2014 which allocated 90 per cent of military expenditure to salaries and other recurrent needs while a meagre 10 per cent went to military hardware.
Re: GMB Spent More On Military Hardware Than GEJ by holatin(m): 10:38am On Jan 14, 2015
the pdps will never agree with you.
buhari for President

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