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N1tn Spent To Fight Insecurity In Six Months – Open Treasury - Politics - Nairaland

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N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Islie: 6:06pm On Aug 07
The Federal Government disbursed a total of N1.03tn to boost the fight against insecurity and terrorism between January and June 2024.

In the budget implementation report for the first half of 2024 obtained by our correspondent through Open Treasury, a website that monitors government spending, the amount represents a disbursement rate of 42.80 per cent from its appropriation of N2.41tn and a balance of N1.38tn.

Despite this spending, no fewer than 5,801 Nigerians were killed in terrorist attacks, and 4,348 citizens were abducted in the first seven months of 2024, Findings by The PUNCH showed.

Data sourced from an Indigenous intelligence outfit, Beacon Consulting, revealed that the number of fatalities was recorded during the various attacks witnessed in 574 Local Government Areas across the country.

A breakdown, according to geopolitical zones, showed that 2,223 persons were killed in the North-East, representing 33 per cent of the total incidents, in which 1,609 individuals were killed and 614 kidnapped in 88 Local Government councils.

In the North-West, 125 councils recorded attacks leading to the death of 2,023 individuals while 2,607 were abducted.

No fewer than 96 councils recorded incidents in the North-Central region out of which 1,102 residents lost their lives and 847 were kidnapped.

South-West recorded attacks in 106 councils which led to the death of 434 individuals and 93 were abducted. Also, 275 persons were killed and 145 abducted in 81 councils of the South-South.

While, in the South-East, 358 fatalities and 42 abductions were reported across 78 Local Government Areas

Insecurity has severely hindered socio-economic development in Nigeria, impacting various aspects of life throughout the country. The widespread threat of violence and crime arises from multiple sources, transcending from terrorism into banditry, cattle rustling, and kidnapping for ransom.

Despite the government’s promise to tackle the menace by investing in advanced attack machinery, insurgents continue to operate with relative ease. Although the number of attacks and casualties has decreased, the persistent threats highlight the ongoing challenges in achieving comprehensive security.

Meanwhile, the Federal Government disbursed N9.53tn to Ministries, Departments, and Agencies as budgetary allocations in the first six months of the 2024 budget year.

The figure indicates a 24 per cent disbursement rate from the total appropriation of N38.83tn leaving a balance of N29.3tn.

The funds were disbursed to over 500 MDAs between January and June 2024 for its operations and infrastructure development in the country, according to data obtained and analysed by our correspondent using Open Treasury, a website that monitors government spending.

This development came amidst reports of poor funding by the government to MDAs.

Recently, the Accountant-General of the Federation, Mrs Oluwatoyin Madein, admitted that the government had yet to begin implementation of the capital component of the 2024 national budget.

She said the decision to continue with the implementation of the 2023 budget was taken after consultation with the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Budget and Economic Planning, Atiku Bagudu.

However, the situation may impair the government’s January-December budget cycle, vis-à-vis its national development plan 2021-2025.

A breakdown of the data revealed that the Ministry of Finance topped the list with the highest allocation of N4.96tn, a 36.94 per cent disbursement rate of its N13.43tn appropriation leaving a balance of N8.47tn.

The increase in allocation for the finance ministry is likely due to its salary payment duties.

This was followed by the defence ministry with a payment of N1.03tn. This means a disbursement rate of 42.80 per cent from its appropriation of N2.41tn and a balance of N1.38tn.

The education ministry got funding of N600.25bn indicating a 29.52 per cent disbursement rate from its total allocation of N2.03tn while the police affairs ministry received an allocation of N424.13bn in six months, representing 42.17 per cent disbursement rate from its appropriation of N1.01tn.

On economic spending, the document stated that the government spent N1.28tn on defence and security, N859.9bn on economic affairs, N314.5bn in the health sector, N784.37bn in the education sector, and N103.5bn on social protection within the review period.

Other sectors including general public services got N5.42tn, public order and safety got N764.98bn, environmental protection (N11.67bn), housing and communities (N175.49bn) and recreation, culture and religion got (N31.79bn).

Speaking on the insecurity issue, a security consultant and Fellow of the Institute of Security, Nigeria, Chigozie Ubani, said there was a critical need for a comprehensive approach to national security.

He noted that despite repeated recommendations to the Federal Government, current efforts were ineffective.

Ubani lamented the cycle of arrests, detentions, and subsequent bail of suspects without addressing the underlying social and economic factors contributing to insecurity.

“We are running a reactionary police system. When it happens, we then move. We arrest people, detain them, and later bail them. The other day, we charged them to court. It’s just reactionary. What we’ve not done is to look at the social and economic angles to security. We might be lucky, but if not, we might have a bloody situation, because people are hungry. This is one of our major problems,” he stated.

https://punchng.com/n1tn-spent-to-fight-insecurity-in-six-months-report/?amp

3 Likes 2 Shares

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Sonfethopia: 7:08pm On Aug 07
How much was used to fight unarmed protesters?

77 Likes 4 Shares

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Badgers14: 7:08pm On Aug 07
angry
Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Racoon(m): 7:08pm On Aug 07
Yet Insecurity is the order of the day under the balabloo-blu-bulava heroin-infested brain druggie government

82 Likes 7 Shares

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Drsheddy(m): 7:08pm On Aug 07
Sometimes I feel neighboring countries can invade Nigeria and we don't have weapons to fight back

63 Likes 2 Shares

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by odinaccess: 7:08pm On Aug 07
We move
Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Risingblue008(m): 7:08pm On Aug 07
Na it shall never be well with apc
4k mehh
1trn
Money that can get a good armed drone with heavy camera,use it to k..l those murder4"ass be it
Unknown gun men
Boko haram
Iswap
Militant from dier hide out

20 Likes 2 Shares

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by GreaterFuture(m): 7:08pm On Aug 07
Explain further... The real political explanation

2 Likes

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by STEWpid(f): 7:08pm On Aug 07

Kofornors and service thieves have just become richer!!



But, do bandits also spend similar amount of money to cause insecurity??








C h a i..

5 Likes

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by mrkings84(m): 7:09pm On Aug 07
After maths

If tinubu like make him spend quadrillions or quintillions, him na failure him be.

25 Likes 2 Shares

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by SultanOfAbia: 7:09pm On Aug 07
1 trillion spent on paying Ransom

Banditry is a very lucrative business undecided

27 Likes 2 Shares

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by israelmao(m): 7:09pm On Aug 07
Security gulps huge sum of money around the world though our leaders can hardly be trusted with the way they steal and squander public funds.

2 Likes 1 Share

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Emyemyberry(m): 7:09pm On Aug 07
.
Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by coolcharm(m): 7:09pm On Aug 07
Insecurity is a lucrative business for those behind it.

17 Likes

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Yhurpapa: 7:09pm On Aug 07
Lol
Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by babajero(m): 7:09pm On Aug 07

2 Likes

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Sheuns(m): 7:10pm On Aug 07
All these money yet soldiers still complain of lack of ammunition and gears.

5 Likes 1 Share

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by blowjohn(m): 7:10pm On Aug 07
shocked shocked

Whole lotta money
Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by gentlesmithugo(m): 7:10pm On Aug 07
Useless criminals,1 trillion and yet insecurity is on the high side.qho is deceiving who.useless criminals

7 Likes 1 Share

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Bluffly: 7:10pm On Aug 07
75% was stolen

2 Likes

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by YeyeGbami: 7:10pm On Aug 07
Nigeria government and their archaic ways, they hate positive changes. You carry 36 states wahala put for head, allow them run things make we even see

70 Likes

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by datola: 7:11pm On Aug 07
What is the result?
Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Skydivine: 7:11pm On Aug 07
It looks like this thing is a big business now for the politicians

4 Likes

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Cj4charles(m): 7:11pm On Aug 07
angry
Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Creditalerts: 7:11pm On Aug 07
Cash out

2 Likes

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by moneyissweet(m): 7:11pm On Aug 07
Criminals

Thank God me too know how to make money either by hook or crook.

Otherwise this criminals in asorock for run person street

1 Like

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by GanagiBitrus: 7:12pm On Aug 07
Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by whytediamond(m): 7:12pm On Aug 07
grin
coolcharm:
Insecurity is a lucrative business for those behind it.

Aloota kontinua

2 Likes 1 Share

Re: N1tn Spent To Fight Insecurity In Six Months – Open Treasury by Nwaokunkpara: 7:12pm On Aug 07
And yet insecurity persists

1 Like

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