FG spends N241b annually on Security Votes illegally – TI, CISLAC

Juliana Taiwo-Obalonye, Abuja

The Transparency International Defence and Security (TI-DS) and Civil Society Legislative Advocacy Centre (CISLAC), in a new report released, on Monday, has disclosed that a whopping N241.8 billion ($670 million) is being spent annually by the Federal Government in the name of ‘Security Votes’ without proper audit or oversight.

The Campaigners argued that the practice fuels corruption and conflict and have recommended that the Nigerian government pass federal legislation outlawing security votes at all levels, to be accompanied by legislation specifying budgeting procedures and criteria for security expenditure.

The report titled, Camouflaged Cash: How ‘Security Votes’ Fuel Corruption in Nigeria’, decried that  while the 2018 defence budget is estimated to be some $1.2 billion (1.03 billion euros) more than $670 million extra were being handed out annually without proper oversight.

The report said the annual sum for security vote was also …

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FG spends N241b annually on Security Votes illegally – TI, CISLAC

Juliana Taiwo-Obalonye, Abuja

The Transparency International Defence and Security (TI-DS) and Civil Society Legislative Advocacy Centre (CISLAC), in a new report released, on Monday, has disclosed that a whopping N241.8 billion ($670 million) is being spent annually by the Federal Government in the name of ‘Security Votes’ without proper audit or oversight.

The Campaigners argued that the practice fuels corruption and conflict and have recommended that the Nigerian government pass federal legislation outlawing security votes at all levels, to be accompanied by legislation specifying budgeting procedures and criteria for security expenditure.

The report titled, Camouflaged Cash: How ‘Security Votes’ Fuel Corruption in Nigeria’, decried that  while the 2018 defence budget is estimated to be some $1.2 billion (1.03 billion euros) more than $670 million extra were being handed out annually without proper oversight.

The report said the annual sum for security vote was also …

[Read More …]