Nigeria has been rated as the second most attacked country by the Islamic State terrorist group (ISWAP) despite the budget allocation for security.
Data released by Jihad Analytics covering January to June 2022, shows that Nigeria recorded 305 attacks with Iraq being first (337) and Syria third (142).
Jihad Analytics specialises in global and cyber jihad, open-source intelligence and data.
According to the report, since President Buhari took over power on May 29, 2015 to 2022, his administration has allocated approximately a total of N11.18 trillion for security. The report is against the claim by President Muhammadu Buhari-led government that they are winning the counter-terrorism war.
The budget allocated for security in the country covers budgetary allocations to the Ministry of Defence, Ministry of Interior, Ministry of Police Affairs, National Security Adviser, and the Police Service Commission.
The 2015 Appropriation Act, on the website of the Budget Office of the Federation, shows that a total of N626.39bn was allocated for security. It rose to N978.72bn in 2016, N1.12tn in 2017, N1.26tn in 2018, N1.33tn in 2019, N1.71tn in 2020, and N1.87tn in 2021 for all aforementioned ministries and agencies.
The budget allocated to security in 2022 was increased to N2.27trillion, showing an increase of 262.39% when compared to the allocation in 2015.
The Stockholm International Peace Research Institute describes Nigeria as one of the largest spenders in the area of military expenditures.