National Defence Spending

Abstract

This study examines the importance attached by most African leaders and Nigeria in particular, to high military spending, most especially the huge amounts of national spending expended on the expansion and the rapid militarization of their various countries. In our analysis, it was discovered that African countries just like the developed nation, places high priority on the defence of their national security and territorial integrity. The priority accorded to defence spending, it should be noted, is the opportunity cost of providing social welfare needs and other infra-structural facilities for the people...