The country’s current financial crisis, according to National Security Adviser (NSA) Nuhu Ribadu, is directly related to President Bola Tinubu’s government inheriting an empty treasury upon taking office a few months ago.
Speaking on Monday at the Chief of Defence Intelligence Annual Conference 2023 in Abuja, Ribadu assured the people that the federal government is dedicated to preserving a strong and sustainable defence management and mechanism while acknowledging the serious financial constraints affecting budgetary allocations.
“I assure you that the federal government will not rest on its oars in ensuring a robust and viable defence management and security apparatus to address contemporary challenges even in the face of enormous budgetary constraints.
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“Yes, we’re facing budgetary constraints. It is okay for me to tell you. Fine, it is important for you to know that we have inherited a very difficult situation, literally a bankrupt country, no money, to a point where we can say that all the money we’re getting now; we’re paying back what was taken. It is serious!
“But this administration is doing its best to meet our requirements, particularly the armed forces, and I believe that you leaders will be able to testify to that.” Ribadu said.
Noting progress and positive adjustments, he praised the military forces for their commitment to tackling current security problems, both inside and outside of Nigeria. Ribadu urged unity and support for the nation’s security agencies, expressing confidence that the country will overcome its current challenges with leadership resolve.
“Let us come together as one and continue to support our armed forces and other security agencies with this work of securing our country for peace and stability.
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“They have done an amazingly good job without talking and I believe that with the support and the resolve of the leadership we have today in our country, things will only be better.
“We are just four or five months old, but certainly things have changed and we believe that what they are doing, they are doing it right. We want to encourage them, stand by them and support them 100 percent and hopefully, this country will be okay in a short time,” he added.
Citing recent coups in Burkina Faso, Niger, Gabon, Guinea, and Mali, Ribadu described them as abrupt turns arounds for democracy. He emphasised the value of defence diplomacy in establishing strategic alliances and partnerships in order to accomplish goals related to national security.
In response, Maj Gen Emmanuel Undiandeye, Chief of Defence Intelligence, reaffirmed the agency’s commitment to using the defence attaché system’s powers to further national security goals.
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Prominent personalities attended the conference, including the State and Defence Ministers as well as other senior officials from the Defence Ministry.
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