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.
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Circular migration is based on structured, value-added mobility between countries of origin and host...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Zijin Gold agrees C$5.5 billion acquisition of Canada’s Allied Gold Deal expands Zijin’s African footprint into Mali and Côte d’Ivoire Allied Gold...
Senegal, Morocco to hold joint cooperation commission in Rabat Talks cover trade, economy, culture; dozens of agreements under discussion Meeting...
Mark Cables completes 200 MW thermal power plant in Burkina Faso €180 million project aims to stabilise grid, cut electricity imports Part of broader...
Fitch Solutions estimates that Africa could account for about 7% of global rare earth production by 2034. The projection is largely based on the current...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...