Nigeria: 'Small Arms Proliferation Cost Nigeria, Others U.S.$300 Billion'

The Chairman Presidential Committee on Small Arms and Light Weapons (PRESCOM), Ambassador Emmanuel Imohe has said that an estimated $300billion was lost by Nigeria and 22 other African countries from 1990 to date due to wars fuelled by easy access to small arms and light weapons (SALW).

He spoke yesterday in Abuja at a strategic stakeholders forum on "the proliferation of small arms and light weapons (SALW) in Nigeria and its implication on national and regional security" organised by the Centre for Democracy and Development (CDD), PRESCOM and the Economic Community of West African States (ECOWAS).

He said huge money that could have been utilized to bring about development in these countries is being spent on prosecuting endless conflicts.

He also said that an average of $22 billion is spent on arms by countries in Africa, Asia, Middle East and Latin America annually.

The Director of the CDD, Idayat Hassan said about 70 percent of the SALW in West Africa are in Nigeria and possessed by unauthorized non-state actors.

The ECOWAS Commissioner for Political Affairs, Peace and Security, Mrs. Halima Ahmed said the problems of SALW has continuously rise globally but having more impact intra-state rather than the inter-state that it was known for.

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Court Convicts Son, Mother, Girlfriend for $902,935 Internet Fraud in Asaba

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