• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Spotlight

FG to spend N447.6 billion on Police in 2021

Abiola Odutola by Abiola Odutola
October 13, 2020
in Spotlight
#EndSARS: FG scraps SARS, bows to Youth pressure
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government is set to allocate the sum of N447.6 billion to the Ministry of Police Affairs in 2021, if approved by the National Assembly.

This was disclosed by the government in the 2021 Appropriation Bill presented to the lawmakers last week Thursday.

READ: Despite billions on agriculture, food inflation up by 108% since 2015

RelatedStories

Meet Dahiru Mangal, a Nigerian billionaire businessman who started out as a truck driver

Meet Dahiru Mangal, a Nigerian billionaire businessman who started out as a truck driver

June 3, 2023
How Deola Sagoe left her father's company, Elizade Motors, to build a global fashion brand

How Deola Sagoe left her father’s company, Elizade Motors, to build a global fashion brand

May 20, 2023

NPF’s allocation since 2018

The allocations of the government to the Nigeria Police Force have been on the increase in the last four years and the difference between the figures has been around N40 billion or more.

For instance, the 2021 proposed allocation increased to N447.6 billion from N403.45 billion allocated in 2020, which is about an 11% increase. That of 2020 also recorded an increase from N366.13 billion allocated to the force in 2019. This represents an increase of about 10%.

The difference between 2019 and 2018 allocations was over N42 billion when it increased from N324.2 billion (N366.13 billion in 2019).

READ: Nigerian fintech companies raised $600 million in five years – McKinsey Report 

What you should know

The breakdown of the allocation to the police in the 2021 budget is

  • N18.45 billion is for overhead expenses, N417.2 billion on personnel expenses, and N11.98 billion on capital expenses.
  • N14.23 million is for the construction of MOPOL and SARS headquarters in Okpoko Ayamelum, Anambra State.
  • N166.7 million is for Arms and Ammunition in 2021, at a time several Nigerians have called for an end to police brutality across the nation.
  • The Police also plans to purchase riot controlling equipment worth N57.87 million and 1000 pieces of bulletproof vests worth N67.6 million.
  • Procurement of educational materials and upgrade of training equipment worth N128.5 million across training institutions in the country.

READ: MTN, Airtel, Glo, other Telcos’ operating costs drop to N1.756 trillion in 2019

Should there be more protests, either by angry youths or other groups, it appears the police is prepared for 2021.

Backstory

The men of the force had lamented over what they described as underfunding of the Nigeria Police Force to the tune of about N1.1trillion between 2011 and 2015, which they argued weakened the capacity of the police to perform their duties and adequately improve the institution.

READ: Real estate: Experts lament over challenges in the industry

Former Inspector-General of Police, Mr. Solomon Arase, had argued that neither the funding of the capital projects of the police nor the overheads had risen beyond N11 billion between 2011 and 2015, compared to actual funding requirements of up to N71 billion for overheads and N345.7 billion for capital projects in the case of 2015 for example.

READ: Report identifies banks expected to raise equity after COVID-19 flattens


Follow us for Breaking News and Market Intelligence.
Tags: Appropriation BillFeaturedNigeria NewsNigerian Police Force
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

Related Posts

Meet Dahiru Mangal, a Nigerian billionaire businessman who started out as a truck driver
Profiles

Meet Dahiru Mangal, a Nigerian billionaire businessman who started out as a truck driver

June 3, 2023
How Deola Sagoe left her father's company, Elizade Motors, to build a global fashion brand
Profiles

How Deola Sagoe left her father’s company, Elizade Motors, to build a global fashion brand

May 20, 2023
Nigerian weddings
Lifestyle

The economics of Nigerian weddings

April 30, 2023
CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies
Currencies

Updated: Tracker of CBN’s monetary policy announcements since 2020

December 10, 2022
Redesigning or sensitizing; what's the way to go?
Economy

CBN’s Intervention Funds to private sector rises to N4.8 trillion as of November 2022

November 28, 2022
SWOOTs capitalization up by N122 billion
Equities

SWOOTs capitalization up by N122 billion

November 20, 2022
Next Post
Economy: IMF & World Bank differ on Nigeria’s growth outlook, Amid coronavirus spread, World Bank to step down global growth forecast , Nigeria to receive first tranche of World Bank’s $3 billion loan soon, World Bank commits $12 billion to curb coronavirus, defend developing countries’ economy

Debt burden of the least developed nations rises to $744 billion - World Bank

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Palmpay

first bank








DUNS

Recent News

  • 8 insurance provisions in Nigeria’s new Bill every landlord, developer, and property investor should know 
  • ESIRS says 99% of Enugu informal sector evades taxes, defends legality of state levies 
  • GUINNESS, four other stocks lead gains as All-Share Index breaches 146,000 

Follow us on social media:

Recent News

House rents in Lagos skyrocket by over 100% as household incomes stall

8 insurance provisions in Nigeria’s new Bill every landlord, developer, and property investor should know 

August 8, 2025
ESIRS says 99% of Enugu informal sector evades taxes, defends legality of state levies 

ESIRS says 99% of Enugu informal sector evades taxes, defends legality of state levies 

August 8, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics