President Muhammadu Buhari has approved the recommendation of the committee charged with investigating the defence equipment procurement from 2007 to 2015 after the committee found a number of irregularities in the contract awards.
The approval followed the third interim report of the presidential committee on the audit of defence equipment which was released on Thursday.
A statement from the president of the presidential committee on the audit of defence equipment procurement in the armed forces, Air Vice Marshal Jon Ode retired , says among those to be investigated are 18 serving and retired military personnel, 12 serving and retired public officials and 24 chief executive officers of companies in the procurement.
The affected military personnel include among others two former chief of army staff, Lt General Ihejirika and Lt. General Minimah.
The public officials include Former Minister of State for Foreign Affairs 11, Dr. Nurudeen Mohammed and three former permanent secretaries in the Ministry of Defence, Bukar Goni Aji, Haruna Sanusi and E.O Oyemomi.
The committee says the total amount spent for procurement and operations within the period were over 185 billion naira and 68.3 million us dollars.