Friday, January 30, 2026
No Result
View All Result
News Den Nigeria
  • HOME
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • BUSINESS
  • SHOWBIZ
  • EDUCATION
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS
  • HOME
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • BUSINESS
  • SHOWBIZ
  • EDUCATION
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS
No Result
View All Result
News Den Nigeria
No Result
View All Result

MoD, DICON, NASENI sign deal on defence factory

by NewsDen Publishers
August 15, 2024
in BUSINESS, NEWS, NIGERIA
0
MoD, DICON, NASENI sign deal on defence factory
Share on FacebookShare on TwitterShare on WhatsappSend to Email

The Ministry of Defence (MoD), National Agency for Science and Engineering Infrastructure (NASENI), and Defence Industry Corporation of Nigeria (DICON) have signed a Memorandum of Understanding (MoU) to establish an ammunition production factory in Nigeria.

The News Agency of Nigeria (NAN) reports that the event took place at the MoD headquarters on Wednesday in Abuja.

In his remarks shortly after the signing of the MoU and Joint Venture (JV), Dr Bello Matawalle, Minister of State for Defence, described the event as a milestone in the history of the ministry and the country at large.

Maris School Admission Maris School Admission Maris School Admission
ADVERTISEMENT

Matawalle emphasised the need to leave a legacy for future generations that would make them proud of their country, hence the partnership.

AlsoRead

Ngige Bail Hearing: Missing Passport Sparks Legal Battle with EFCC

Tinubu Demands ‘Greater Efficiency’ and Better Results in Security Fight

Tinubu Nominates 32 Additional Ambassadors

He disclosed that at the inception of the present administration, he promised President Tinubu that within four years, DICON would be exporting military capabilities.

“I am proud to say that less than two years down, that promise is materialising,” he said.

He further explained that the military required only 200 million rounds of ammunition per annum, and if the needs of other security agencies were included, it would amount to at least 350 million.

“If the military and other security agencies purchase this ammunition from DICON, there won’t be pressure on the Federal Government to source foreign exchange to buy from foreign countries.

“There won’t be pressure on the Naira, as the Naira will be used to buy from DICON,” he explained.

Similarly, the Vice Chairman of NASENI, Dr Khalil Halilu, described the signing of the MoU and JV as a milestone in achieving self-reliance in defence ammunition production.

Halilu emphasised the need to position partners to meet emerging security threats, adding that NASENI was at the forefront of promoting such partnerships.

“Our goal is to create a robust ecosystem to reduce dependence on foreign importation of ammunition,” he said.

Also, the Minister of Steel Development, Prince Shuaibu Audu, said the MoU and JV would open new doors and avenues to Nigeria’s security architecture in our own hands.

He said the Ajaokuta Steel Company would provide the needed platform for the industrial complex.

Earlier, the Permanent Secretary, MoD, Dr Ibrahim Kana, said signing the MoU with NASENI was about making government institutions work with the private sector for the benefit of the country.

“This is all about promoting indigenous production,” he said.

By Deborah Coker

ShareTweetSendSend
Previous Post

Onyeme Says Delta, One Of The Safest States In Nigeria

Next Post

Kwale: When A Patient Dog Eats The Fattest Bone

Related Posts

CAF Disciplinary Board imposes sanctions on Senegal, Morocco Federations
AFRICA

CAF Disciplinary Board imposes sanctions on Senegal, Morocco Federations

by NewsDen Publishers
January 30, 2026
Delta Deputy Governor, Onyeme, Attends Vigil Mass for Bayelsa Counterpart
NEWS

Delta Deputy Governor, Onyeme, Attends Vigil Mass for Bayelsa Counterpart

by NewsDen Publishers
January 29, 2026
Oborevwori Felicitates Festus Agas At 66
NEWS

Oborevwori Felicitates Festus Agas At 66

by NewsDen Publishers
January 29, 2026
Make DELSU A Centre of Academic Excellence, Oborevwori Charges Governing Council
EDUCATION

Make DELSU A Centre of Academic Excellence, Oborevwori Charges Governing Council

by NewsDen Publishers
January 29, 2026
Oborevwori Swears In Six Judges, Warns Against Erosion Of Public Trust In Judiciary
NEWS

Oborevwori Swears In Six Judges, Warns Against Erosion Of Public Trust In Judiciary

by NewsDen Publishers
January 29, 2026
Next Post
Kwale: When A Patient Dog Eats The Fattest Bone

Kwale: When A Patient Dog Eats The Fattest Bone

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

LATEST

CAF Disciplinary Board imposes sanctions on Senegal, Morocco Federations

CAF Disciplinary Board imposes sanctions on Senegal, Morocco Federations

January 30, 2026
Delta Deputy Governor, Onyeme, Attends Vigil Mass for Bayelsa Counterpart

Delta Deputy Governor, Onyeme, Attends Vigil Mass for Bayelsa Counterpart

January 29, 2026
Oborevwori Felicitates Festus Agas At 66

Oborevwori Felicitates Festus Agas At 66

January 29, 2026
Make DELSU A Centre of Academic Excellence, Oborevwori Charges Governing Council

Make DELSU A Centre of Academic Excellence, Oborevwori Charges Governing Council

January 29, 2026
Oborevwori Swears In Six Judges, Warns Against Erosion Of Public Trust In Judiciary

Oborevwori Swears In Six Judges, Warns Against Erosion Of Public Trust In Judiciary

January 29, 2026

TRENDING STORIES

  • Delta Deputy Governor, Onyeme, Attends Vigil Mass for Bayelsa Counterpart

    Delta Deputy Governor, Onyeme, Attends Vigil Mass for Bayelsa Counterpart

    0 shares
    Share 0 Tweet 0
  • DTSG Releases 2025/2026 Approved School Calendar 

    0 shares
    Share 0 Tweet 0
  • Oborevwori Charges New Commissioner Of Police To Go Tough On Criminals

    0 shares
    Share 0 Tweet 0
  • Names Of 16 Soldiers Accused Of Plotting Coup Against Tinubu

    0 shares
    Share 0 Tweet 0
  • Fmr CDS Gen. Irabor To Deliver Maris Lecture

    0 shares
    Share 0 Tweet 0
  • Oborevwori Mourns Siakpere

    0 shares
    Share 0 Tweet 0
  • Onyeme Pays Glowing Tribute As Nwabuoku Begins Final Journey

    0 shares
    Share 0 Tweet 0
  • DTSG To Screen Political Appointees

    0 shares
    Share 0 Tweet 0
  • CVR: Oborevwori, Stakeholders Lament Low Turnout, Call For Massive Grassroots Mobilisation In Delta

    0 shares
    Share 0 Tweet 0
  • Security: Ebonka Begins Massive Clearing of Bushes, Shoulders Of Major Roads In LGA

    0 shares
    Share 0 Tweet 0
  • HOME
  • ABOUT US
  • CONTACT US

© NEWS DEN Since 2020 - Published by: GOLDSON'S RESOURCES.

No Result
View All Result
  • Home
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • SHOWBIZ
  • EDUCATION
  • BUSINESS
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS

© NEWS DEN Since 2020 - Published by: GOLDSON'S RESOURCES.