Remembrance Day: Tears as Nigerian Military Honours Fallen HeroesMembers of the Nigerian Armed Forces at the parade paid respect to fallen heroes during their Remembrance Day ceremony at Tafawa Balewa Square ceremonial ground in Lagos on Saturday, January 15. Your support matters. Sustain independent journalism in Nigeria – contribute to Legit.ng. The annual Armed Forces Remembrance Day celebration serves as an honor for the fallen heroes who laid down their lives in service to humanity during the Nigerian Civil War, first, Second World War. Photos of President Muhammadu Buhari and Vice President Yemi Osinbajo paying their respect to the late military officers at the Armed Forces Remembrance Day Parade at the FCT Arcade were posted on Facebook by Buhari Sallau, a presidential media aide. Meanwhile, a report by the Centre for Democracy and Development (CDD) indicated that as much as $15bn (N6.1trn at N411 to a dollar) had been frittered away through fraudulent arms procurement deals in the last 20 years. Recommended for you "Thought it's Bella Shmurda": Lady enters campus in oversized polo, big ski... PAY ATTENTION: Subscribe to Digital Talk newsletter to receive must-know business stories and succeed BIG! The report disclosed that political and security elite has monetised the conflicts and the resulting humanitarian crisis. CDD noted that successive presidents’ failure to rein in on corruption in the security sector has weakened Nigerian counter-terrorism capacity, allowing groups like Boko Haram to smoulder. More so, the report by CDD asserted that despite promises by the current administration to expose those sponsoring criminals, no individual, body or corporation had been convicted in Nigeria for funding terrorism since insurgency started in 2009. The report reads in part: Recommended for you “Hand dey scratch baba”: Davido mistakenly posts video of him getting massa... In other news, a coalition of Civil Society Organisations and Non-Governmental Organisations (NGOs) recently urged President Muhammadu Buhari to strengthen the DIA in order to win the war against insurgency and banditry in Nigeria. Source: Legit.ng Members of the Nigerian Armed Forces at the parade paid respect to fallen heroes during their Remembrance Day ceremony at Tafawa Balewa Square ceremonial ground in Lagos on Saturday, January 15. Your support matters. Sustain independent journalism in Nigeria – contribute to Legit.ng. Subscribe to Digital Talk newsletter to receive must-know business stories and succeed BIG! “Over the last decade, political and security elite have monetised the conflicts and the resulting humanitarian crises. “During the same period, military leaders allegedly stole as much as $15bn through fraudulent arms procurement deals; thanks to lax legislative oversight, excessive secrecy and the fact that security spending is largely exempt from due process rules designed to prevent corruption. “No individual, body or corporation had been convicted in Nigeria for funding terrorism since the insurgency started in 2009 despite promises by the current administration to expose those behind sponsorship of criminals."