Security

Nigeria Expecting 12 Fighter Planes Worth $496 million From US – CBN Governor

Nigeria is expecting 12 Tucano fighter planes from the US as part of efforts towards fighting insecurity in the country.

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele said this on Tuesday while fielding questions at the end of a two-day Monetary Policy Committee meeting in Abuja.

Emefiele, lamenting Nigeria’s growing security challenges, said the economy would be greatly affected if the menace is not tackled.

Federal Government (February 2018) confirmed that it had placed an order for 12 Super Tucano aircraft at a cost of $496 million.

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