The Ministry of Defence has disbursed a total of N20,742,531,363.12 to the Defence Headquarters to cover overhead, running, and capital implementation costs for the first ten months of 2024.
Of this amount, N1,924,177,368.72 was allocated for running and overhead costs, while N18,818,353,994.40 was earmarked for capital implementation.
The N1,924,177,368.72 for running and overhead costs was disbursed in multiple tranches spanning February to November, with payments corresponding to expenditures from January through October 2024.
A breakdown of the payments, obtained from Govspends, reveals that on February 22, 2024, a total of N198,275,716.08 was disbursed to cover January’s costs. This amount was paid in nine tranches, including sums such as N32,855,716.08, N25,220,000.00, N19,800,000.00, N44,000,000.00, and N15,500,000.00.
On March 9, 2024, N29,744,128.08 was allocated for February, with additional tranches including N15,700,000.00, N41,500,000.00, N14,100,000.00, N34,767,400.00, N18,800,000.00, N26,430,200.00, N9,400,000.00, and N12,203,988.00, bringing the total for the month to N202,645,716.08.
Payments for March’s overhead and running costs were made on April 8, 2024, with N204,975,716.08 was paid to the DHQ in nine tranches.
On May 9, 2024, a total of N186,158,716.08 was paid to the DHQ in eight tranches for April’s running costs. Additionally, on May 29, 2024, N200,975,716.08 was paid in nine tranches for May’s running costs.
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The sum of N175,313,546.08 was disbursed by the Ministry of Defence to the DHQ on June 21, 2024, for June’s running and overhead costs.
On July 15, 2024, the following sums were disbursed for July: N48,700,000.00 , N20,900,000.00 , N29,009,894.08 , N17,400,000.00 , N26,500,000.00, N20,365,822.00 , N32,600,000.00 , totaling N195,475,716.08.
On September 13, 2024, the total sum of N205,975,716.08 was disbursed for August’s overhead and running costs. The disbursements are as follows N25,600,000.00, N50,335,716.08, N29,800,000.00, N13,040,000.00, N65,000,000.00, N5,400,000.00 and N15,800,000.00
On October 8, 2024, N204,975,716.88 was paid for September’s overhead and running costs
Finally, on November 8, 2024, the following sums were disbursed for October’s overhead and running costs:N22,550,000.00 , N19,670,687.08 , N6,800,565.00 , N53,827,350.00, N14,926,962.00 , N21,501,100.00 , N20,817,996.00 , N24,450,000.00 , and N20,431,056.00 which equals N204,505,716.08.
For March capital implementation, the Ministry of Defence disbursed the following amount N2,246,289,660.00, N5,124,793,870.00, N1,132,597,122.40, N121,400,000.00, N198,912,000.00, N202,840,000.00, N398,800,000.00, N799,968,000.00 in July 26 to the DHQ.
On October 8, N150,000,000.00, N748,500,000.00, N291,149,280.00 among others were paid to the DHQ as balance of 20 per cent DHQ cash plan for August 2024 capital implementation.
