Despite the high budgetary allocation, however, Nigeria remains the second most attacked country by the Islamic State terrorist group globally, according to the data by Jihad Analytics.
Jihad Analytics specialises in global and cyber jihad, open-source intelligence and data.
Nigeria budgeted a total of N11.18tn for security from 2015 to 2022, investigations by The PUNCH have revealed.
In its report covering January to June 2022, the group said Nigeria recorded 305 attacks with Iraq being first (337) and Syria third (142).
This is happening against the backdrop of the claims by the President, Major General Muhammadu Buhari (retd), that his regime was winning the counter-terrorism war.
The group claimed responsibility for the attack on the Kuje Medium Security Correctional Centre, Abuja, on July 5, during which hundreds of suspected Boko Haram commanders and other criminals escaped.
Its fighters were also believed to have masterminded the attack on the elite Guards Brigade troops in Abuja in which five soldiers died.
Since Buhari assumed office on May 29, 2015, his regime had allocated approximately N11.18tn as security budget.
This figure covers budgetary allocations to the Ministry of Defence, Ministry of Interior, Ministry of Police Affairs, National Security Adviser and the Police Service Commission.
Based on the 2015 Appropriation Act available on the website of the Budget Office of the Federation, a total of N626.39bn was allocated.
It rose to N978.72bn in 2016, N1.12tn in 2017, N1.26tn by 2018, N1.33tn in 2019, N1.71tn in 2020, and N1.87tn in 2021 for all aforementioned ministries and agencies.
By 2022, the budgetary allocation increased to N2.27tn, showing an increase of 262.39 per cent when compared to the allocation in 2015.