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Thursday, February 05, 2015

Nigeria set to lose $466m in arms deal

Su-25 FrogfootWhistleblowers in the defence industry are raising the alarm over a massive fraud of $466.5 million about to be executed at the Nigeria Air Force (NAF) with some arms dealers, using the United States’ refusal to grant export permit for military hardware to Nigeria as pretext.

A letter to the government aroused the suspicion. An arms procurement company wrote that in view of the refusal of the US to give export licence to Nigeria, it had reached an agreement with NAF to substitute the initial order for Cobra AH-IV with alternate attack platform which it claimed, has greater fire power.

The letter detailed the alternate equipment to include six upgraded armed Puma Helicopters with the equivalent attack capabilities of the Cobra; four SU-25KM upgraded ground support/ attack aircraft;2 EU 25 UB for the purpose of qualifying and training NAF pilots for specific mission.

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