nigeria increases defense spending
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Nigeria increases defense spending

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Nigeria increases defense spending

Abuja - UPI

Nigeria\'s Ministry of Defense has projected spending $16.4 billion within the next four years. ICD Research/Strategic Defense Intelligence\'s \"The Nigerian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016\" report forecasts Nigerian defense expenditure, in 2012 budgeted for $2.19 billion, will grow annually at 22 percent to $4.76 billion by 2016, for a total increase of 126.6 percent within four years. The Nigerian military is beset by a number of indigenous threats. In the north of the country, the Boko Haram Islamic religious movement is intensifying its struggle against both government military forces and the country\'s Christian population. On Nigeria\'s coast, the Movement for the Emancipation of the Niger Delta has for the last several years been targeting foreign oil firms with everything from taking hostages to attacking energy installations. Nigeria also faces a nascent but growing piracy problem. Of the projected 2012-16 military budget, $14.55 billion -- or 88.8 percent -- would be invested in personnel with the remaining $1.83 billion be spent on equipment and infrastructure development costs, the Leadership newspaper reported Monday. Nigeria is making strenuous efforts to develop an indigenous armaments industrial base. In June President Goodluck Jonathan officially opened a newly established ballistic arms factory, the DICON-Marom factory in Kaduna, which has produced Nigeria\'s first indigenously manufactured armored personnel carrier, the Igirigi. The DICON-Marom munitions plant is a public-private partnership between DICON and Israel\'s Marom Dolphin Nigeria Ltd, which was also commissioned to manufacture bulletproof vests and other military clothing. Indicating the increasing sophistication of Nigeria\'s armaments industry in May it launched its first warship, the NNS Andoni P100. The 100-foot-long Nigerian Navy Seaward Defense Boat was promoted as a research and development project by Vice Adm. G.T.A. Adekeye and Rear Adm. G.J. Jonah. At the June 1 commissioning of the NNS Andoni Nigerian Naval Dockyard in Lagos during the 56th anniversary celebrations of the navy, Jonathan told an audience: \"This is the beginning of transformation and I believe that in another 10-15 years, we will be thinking of starting a project of taking Nigeria to the air. \"We have just started and we will continue,\" he said. \"With the current repositioning of the country ... already, a number of things are now being fabricated locally. I was in Lagos recently to inaugurate one of such; equipment for drilling and marine are currently being built locally. This is the beginning of transformation. \"There cannot be transformation without a technological revolution in the nation; this is the beginning.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nigeria increases defense spending nigeria increases defense spending

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nigeria increases defense spending nigeria increases defense spending

 



GMT 22:17 2017 Monday ,25 September

Stephens crashes out of Wuhan Open

GMT 09:29 2011 Saturday ,03 September

Cristiano Ronaldo:\'I shut people up all year\'

GMT 09:37 2017 Tuesday ,21 November

Sixth Miss World win draws India level

GMT 12:24 2017 Tuesday ,21 November

SAGITTARIUS (November23rd-December21st)

GMT 10:21 2017 Wednesday ,18 October

Egypt’s former football official calls Cuper

GMT 00:49 2014 Saturday ,30 August

Daum to launch North Korean map service

GMT 12:23 2012 Sunday ,05 August

Afghanistan\'s National Museum regains treasures

GMT 17:04 2012 Friday ,09 March

Egypt verdict expected Sunday
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice