“The Rise of Protective Profits: How a Tight-knit Group in Nigeria Capitalized on Security”

A public affairs analyst, Mahdi Shehu, has raised new apprehensions regarding Nigeria’s security oversight, labeling it as a system that favors only a select few while the majority continues to endure hardships.

In a message posted on X on Thursday, Shehu indicated that the interval from 2015 to 2023 unveiled disconcerting truths about the management of security finances within the nation.

He stated, “security is a collective concern because it impacts everyone either favorably or adversely.”

He further emphasized that the sector has also evolved into a lucrative venture for a limited group.

He remarked that Nigerians were astounded by numerous revelations made during that timeframe by active military personnel and high-ranking government representatives, which disclosed how allocations intended for security were reportedly mismanaged.

“However, Nigerians were surprisingly entertained between 2015 and 2023 with disclosures from then-serving military leaders and senior government officials,” he remarked.

He added that these exposures unveiled a treasury of disgrace and informed Nigerians how security funds were being misused, misappropriated, or pilfered at the cost of public tranquility.

Shehu referenced accounts and public declarations made by prominent security figures, including former Chief of Army Staff, Tukur Buratai; former National Security Adviser, Babagana Monguno; and the late Chief of Army Staff, Ibrahim Attahiru.

“Just think back to the statements made by General Tukur Buratai before the Senate committee, that of former NSA Monguno, and the public revelations of late General Attahiru COAS,” he expressed.

He mentioned that the insights from these officials help clarify the nation’s ongoing security dilemmas, despite significant expenditures on defense.

“Nigeria is a truly fascinating nation. The more you hear, the more you grasp why we find ourselves in this situation,” Shehu added.