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    FG to Revive Shut-in Crude Oil Wells in Niger Delta

    Buhari Says; Proposed 40 MVA Substation in Akwa Ibom Would Strengthen National Grid

    Buhari Says; Proposed 40 MVA Substation in Akwa Ibom Would Strengthen National Grid

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    NCC Warns Against Information Stealing Malware

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Nigeria’s Weapon Import Falls to N4.9 billion in Q1 2022

4 years ago
in Business
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Nigeria’s Weapon Import Falls to N4.9 billion in Q1 2022

Nigeria imported arms and ammunition worth N4.89 billion in the first quarter of 2022.

According to reports, this represents an 86.8% decrease when compared to the N37.09 billion spent in the corresponding period of the previous year.

The N4.89 billion recorded in Q1 2022 also represents a 47.5% decrease compared to N9.32 billion spent in the previous quarter.

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