Nigeria's 2025 defense budget sees an increase over the 2024 allocation. President Tinubu says the funds will be used to boost the military's capabilities and tackle ongoing security challenges.
Nigerian President Bola Tinubu has proposed a defense and security budget of 4.91 trillion naira (about $3.16 billion) for 2025, marking an increase from the 3.85 trillion naira allocated in 2024. He presented the proposal to the National Assembly in Abuja on December 18.
My full 2025 Budget Presentation address to the Joint Session of the Nigerian National Assembly pic.twitter.com/pue1NsYsT1
— Bola Ahmed Tinubu (@officialABAT) December 18, 2024
Tinubu explained that the funds will be used to acquire advanced tools and technologies to enhance the operational capabilities of security agencies. The goal is to address security threats like insurgency, banditry, and terrorism. He stressed that Nigerians should never live in fear—whether on farmlands, highways or cities. "By restoring peace, we restore productivity, revive businesses, and rebuild communities," he said.
Beyond security, the 2025 budget also focuses on key sectors like infrastructure, education, and healthcare. Nigeria continues to struggle with widespread insecurity, including kidnappings, extremist insurgencies, banditry, communal conflicts, and political violence. From May 2023 to April 2024, around 4.14 million households were impacted by kidnappings, with ransom payments totaling 2.23 trillion naira. Over the same period, nearly 51.89 million criminal incidents were recorded, with the north-western region being the hardest hit, according to the Nigerian Bureau of Statistics.
In response, the government is rolling out initiatives to improve the military’s operational capabilities and collaborating with international partners to tackle the root causes of insecurity. In October 2024, the Federal Executive Council approved a loan of $618 million to enhance the country’s air defense. In 2023, Tinubu also called on the United Nations to support Nigeria’s fight against terrorism, stressing its damaging impact on community development and stability.
The total budget for 2025 is set at 47.9 trillion naira (around $31 billion). Tinubu emphasized that this budget demonstrates Nigeria’s commitment to building a "robust" economy while investing in essential sectors for growth and development.
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
Central bank launches project for real-time transfers across banks and mobile wallets System aims...
BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km,...
Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reac...
Nigeria now has ~20,000 EVs on the road. While under 1% of the total fleet, adoption is surging in urban areas like Lagos and Abuja. SAGLEV’s Imota...
The Gates Foundation and ADQ launched a four-year initiative to transform education in sub-Saharan Africa using AI and EdTech, with ADQ contributing up...
Nice Deer has partnered with Telecom Egypt to manage healthcare services for over 28,000 employees via its digital insurance platform. The announcement...
Ghana plans to introduce a fully online visa application system in early 2026 The reform aims to speed up processing and simplify entry...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...