Nigeria Approves $618 Million Loan for Six Attack Jets and Ammunition for Nigerian Air Force from Italy

Oct 23, 2024, 07:35 PM

The Federal Executive Council of Nigeria has approved a loan of approximately $618 million for the procurement of six attack jets and ammunition for the Nigerian Air Force. This decision, confirmed by the Information Minister, is part of a broader strategy to enhance the country's military capabilities. The loan is being sourced from a group of financiers, with specific details regarding the origin of the jets indicating that they will be acquired from Italy. This move comes amid ongoing efforts to strengthen Nigeria's defense infrastructure.