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The Impact of Armed Conflict: How Modern War Devours Lives, Economies, and the Future

From battlefields to balance sheets, contemporary conflicts impose a catastrophic, multi-generational toll. As Nigeria's new defense minister cites a single missile's staggering cost, a global audit reveals the true, terrifying arithmetic of war. When Nigeria’s new Minister of Defence and former Chief of Defence Staff, General Christopher Musa, recently noted that a single drone missile can cost as much as ₦150 million, he offered a fleeting glimpse into the prohibitively expensive machinery of modern warfare.  But that figure is merely an entry fee. The real invoice of war—written in human agony, shattered societies, and crippled economies—is exponentially higher and lasts for generations. In a world where conflict is proliferating—from the trenches of Ukraine and the rubble of Gaza to the forests of central Africa—the 21st century is being defined not by peace dividends, but by an escalating ledger of loss. The cost is no longer measured in just territ...