Friday, July 10, 2026

$1bn Arms Purchase: Reps summon CBN gov, army chief

National Security Adviser had in an interview with BBC Hausa suggested that the $1billion meant for the purchase of arms was diverted by former military chiefs.

• March 22, 2021
CBN governor, Godwin Emefiele and Chief of Army Staff, Ibrahim Attahiru

The House of Representatives has summoned the CBN governor, Godwin Emefiele, and Chief of Army Staff (COAS) Ibrahim Attahiru to unfailingly appear before the house latest April 7.

The House ad-hoc committee in charge of reviewing the purchase, use, and control of arms, ammunition, and related hardware by the military in a tweet on Monday said the call became necessary over failure to honour earlier invitation in connection with $1 billion approved by the federal government for the arms to fight insurgency.

The committee noted that the money had been approved and released during the tenure of the immediate past service chiefs, but had rumours that the money can not be traced.

The tweet stated that the House of Representatives had earlier invited Mr Emefiele, the COAS, several other security agency heads and ministries to appear on Monday, March 22.

But, Mr Emefiele and the army chief who were to lead in addressing the committee on Monday, did not show up.

In April 2018, the immediate past Minister of Defence, Mansur Dan Ali, announced that President Muhammadu Buhari has approved the release of $1 billion for the purchase of arms to fight insurgency in Nigeria.

National Security Adviser (NSA), retired Major General Babagana Monguno, in an interview with BBC Hausa said the $1billion meant for the purchase of arms was diverted, Peoples Gazette reported.
Mr Monguno had debunked the statement, saying he was quoted out of context, The Gazette also reported.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

ASP Eno Ikoedem

States

LG Poll: Edo police impose statewide movement restriction

The police command in Edo State announced movement restriction from 12:00 midnight to 6:00 p.m. on Saturday as part of measures for the local government election.

Niger Delta Power Holding Company (NDPHC)

Economy

NDPHC hands over Gbarain power plant rehabilitation to TILT, Schneider

The company said the handover was to replace the plant’s burnt power control module.

Rev. Fr. Hyacinth Alia

States

Gov. Alia backs Benue/Kogi joint police taskforce to tackle border crimes

According to the governor, the joint task force will strengthen security checks and dismantle criminal enclaves operating around the border areas.

States

Insecurity: Plans ongoing to establish military bases in Kogi communities, lawmaker says

Kogi lawmaker says plans are ongoing to establish military bases in some communities in the state.

Los Angeles wildfire

World

11 dead as wildfire ravages southern Spain

At least 11 people have been killed and eight injured as wildfire ravages Los Gallardos, Almería, in Southern Spain.

Sanwo-Olu evacuating waste

Lagos

Residents commend waste evacuation in Lagos

The ongoing evacuation of accumulated waste by the Lagos government has drawn commendation from residents.