October 22, 2026October 22, 2026
By Chuks Oyema-Aziken
The Minister of Defence, General Christopher Gwabin Musa (rtd.), has actually explained nationwide security as the bedrock of Nigeria’s aspiration to construct a trillion-dollar economy, worrying that sustainable financial development depends upon a safe and secure environment, strong governance and trustworthy organizations.
Musa mentioned this while providing a keynote address entitled “National Security: Pathway to a Trillion-Dollar Economy” at the 56th Annual Accountants’ Conference of the Institute of Chartered Accountants of Nigeria (ICAN), held at the Bola Ahmed Tinubu International Conference Centre, Abuja.
In a declaration released on Wednesday, the Minister’s Special Assistant on Media, Leah Katung-Babatunde, stated Musa stressed that nationwide security must be seen beyond traditional military operations and police, explaining it as a vital financial driver for safeguarding human capital, securing crucial facilities and developing the self-confidence needed to draw in long-lasting financial investments.
The minister kept in mind that financiers would hesitate to dedicate capital where lives and properties were not properly secured, including that financial development might not be sustained without reliable security.
“No financier devotes capital where lives and possessions are not safe, and no economy grows beyond the reach of its security,” he stated.
Musa acknowledged Nigeria’s security obstacles, consisting of attacks on neighborhoods, highway kidnappings and erratic insurgent activities, however revealed self-confidence that continuous operations by the Armed Forces of Nigeria were assisting to bring back stability throughout financial passages, farming belts and commercial zones.
He stated the Federal Government’s efforts, in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, were concentrated on leveraging nationwide security to drive financial growth.
According to him, the tactical concerns consist of safeguarding tactical financial properties, promoting great governance and human capital advancement, enhancing defence monetary discipline, enhancing cybersecurity and monetary intelligence, and broadening domestic defence commercial capability.
The minister likewise revealed the facility of a joint Ministry of Defence– ICAN Implementation Committee to advance locations of partnership proposed by the ICAN President, Hajia Queensley Seghosime, mni, FCA.
The proposed collaboration will concentrate on specialised training in public monetary management and accounting requirements for Armed Forces workers, joint training programs in forensic accounting and monetary intelligence to fight terrorism funding, in addition to better business governance and well-being plans for veterans.
Musa applauded ICAN for its dedication to financial discipline and openness, keeping in mind that expert monetary management and a safe and secure nationwide environment were vital to Nigeria’s long-lasting financial success.
He stated better partnership in between the defence sector and expert banks would reinforce responsibility, enhance resource utilisation and support the nation’s more comprehensive financial advancement goals.
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