In 2024, Nigeria imported arms and ammunition valued at over N520 billion, according to the Q4 2024 trade statistics report from the National Bureau of Statistics. Over a four-year period, from 2020 to 2024, the nation’s expenditure on military weaponry reached N777.1 billion.
This significant investment highlights Nigeria’s ongoing commitment to bolstering its defense capabilities amid security challenges. The report underlines the scale of the country’s defensive procurement efforts in recent years, reflecting security priorities on a national level.
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