According to a Premium Times report, the Nigerian military might probably be the most corrupt sector of the economy. 

Amidst claims by Nigerian security agencies that they are being underfunded, a total N4.62trillion has been allocated to the federal security sector in the past five years.

How this huge sum was spent however remains unclear as there is no reliable performance report by the security agencies.

“The absence of disclosure, backed by law and practice effectively makes the security sector the most prone to contract inflation and ineffective service delivery,” said Seember Nyager, executive director of Public and Private Development Centre.

“The high risk and probability of contract inflation in itself fuels the (Boko Haram) insurgency because no amount of resources would ever be sufficient to contain a system with unchecked leaks.”

The Lead Partner at BudgIT, a transparency advocacy group, Oluseun Onigbinde, added, “It is very important to request accountability into these funds as Nigeria will need to ensure that process of arms acquisition which is grossly hidden does not lead to opportunity by public officials to acquire illicit wealth.”