In 2022, the country imported weapons worth N28.24bn, while in 2021, the figure stood at N72.50bn. In 2020, Nigeria spent N29.24bn on arms and ammunition imports.
5FX.SI New Wave Holdings Ltd.
Previous years showed significantly lower spending: N127.16 billion in 2023, N28.24 billion in 2022, N72.50 billion in 2021, and N29.24 billion in 2020. The NBS compiled this data from multiple ...