According to report, the Federal Government has granted N134,749,953,243.69 for the security debarment allowance for military veterans.
The announcement was made by Mohammed Badaru, Minister of Defence, during a cabinet briefing on the 2024 Armed Forces Remembrance Day event on Friday.
He stated that the allowance’s acceptance demonstrates the government’s dedication to the welfare of former military personnel.
Nigeria Allocates N134.7 Billion for Security Debarment Allowance for Military Veterans
The minister stated that the Security Debarment Allowance for previously excluded veterans will be phased in beginning in January 2023.
He said, “To demonstrate our commitment to veterans’ welfare, the FG has approved the sum of N134,749,953,243.69 for security debarment allowance. By this, all veterans who retired/discharged honourably from the services of the Armed Forces of Nigeria will reap this benefit. Our service personnel and veterans deserve the best, and the best they will get.
“The successes recorded by our armed forces have only served as encouragement to persevere until victory is finally assured and all our displaced citizens return home. We, therefore, look forward to adopting a proactive approach to combating our security challenges by harnessing our intelligence resources and having strong partnerships with our West African neighbours.
“The Federal Government will also continue to equip the armed forces with combat capabilities, training and equipment to reduce to the barest minimum casualties due to operations. We are indeed hopeful that the pledge and focus of Mr President to bring an end to all security challenges quickly will be realised.”
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In addition, the minister stated that the country has been dealing with major internal security difficulties for over a decade, which has taxed resources and the military forces.
“The Armed Forces of Nigeria has risen to these challenges, not counting the costs in terms of ultimate sacrifice being paid by our troops. For this reason, I can say the situation is gradually improving, considering where we were before now,” the minister stated.
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