Monday, May 4, 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

Alleged missing N34trn: Ex-CCB federal commissioner tasks Journalists on fact-finding

Oborevwori Woos Investors, Highlights Delta’s Blue Economy Potential At Abuja Summit

NOC to Host IOC-backed advanced gender-inclusive governance course in Abuja

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

Oborevwori Charges Graduates To Be Job Creators At DELSU 18th Convocation
EDUCATION

Oborevwori Charges Graduates To Be Job Creators At DELSU 18th Convocation

by NewsDen Publishers
May 2, 2026
Online Publishers Set For World Press Freedom Day
EDUCATION

Online Publishers Set For World Press Freedom Day

by NewsDen Publishers
May 2, 2026
Workers’ Day; My Administration Is Committed To Workers’ Welfare, Says Oborevwori
NEWS

Workers’ Day; My Administration Is Committed To Workers’ Welfare, Says Oborevwori

by NewsDen Publishers
May 1, 2026
Delta APC Debunks Allegations of Denial of Nomination Forms to Aspirants
NEWS

Delta APC Debunks Allegations of Denial of Nomination Forms to Aspirants

by NewsDen Publishers
April 30, 2026
Oborevwori Champions Inclusive Governance, Urges Stronger Advisory Role For Delta Leaders
NEWS

Oborevwori Champions Inclusive Governance, Urges Stronger Advisory Role For Delta Leaders

by NewsDen Publishers
April 30, 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

Oborevwori Charges Graduates To Be Job Creators At DELSU 18th Convocation

Oborevwori Charges Graduates To Be Job Creators At DELSU 18th Convocation

May 2, 2026
Online Publishers Set For World Press Freedom Day

Online Publishers Set For World Press Freedom Day

May 2, 2026
Workers’ Day; My Administration Is Committed To Workers’ Welfare, Says Oborevwori

Workers’ Day; My Administration Is Committed To Workers’ Welfare, Says Oborevwori

May 1, 2026
Delta APC Debunks Allegations of Denial of Nomination Forms to Aspirants

Delta APC Debunks Allegations of Denial of Nomination Forms to Aspirants

April 30, 2026
Oborevwori Champions Inclusive Governance, Urges Stronger Advisory Role For Delta Leaders

Oborevwori Champions Inclusive Governance, Urges Stronger Advisory Role For Delta Leaders

April 30, 2026

TRENDING STORIES

  • Workers’ Day; My Administration Is Committed To Workers’ Welfare, Says Oborevwori

    Workers’ Day; My Administration Is Committed To Workers’ Welfare, Says Oborevwori

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

    0 shares
    Share 0 Tweet 0
  • Why I Will Not Contest For House Of Reps Seat In 2027 – Okolugbo

    0 shares
    Share 0 Tweet 0
  • Otedola Sells Transcorp Shares To Elumelu

    0 shares
    Share 0 Tweet 0
  • Oborevwori salutes Okonjo-Iweala at 69

    0 shares
    Share 0 Tweet 0
  • Suspected members of Black Axe crime gang arrested in Switzerland

    0 shares
    Share 0 Tweet 0
  • INEC Mulls Creation Of More Polling Units

    0 shares
    Share 0 Tweet 0
  • 2023 : I Will Pay Attention To Devt Of Creative Industry, Welfare Of Practitioners, If Elected Governor – Oborevwori

    0 shares
    Share 0 Tweet 0
  • Aniagwu Says Oborevwori Is Prioritizing Quality, Accountability In Infrastructure Delivery 

    0 shares
    Share 0 Tweet 0
  • Delta Deputy Governor, Onyeme, Attends Vigil Mass for Bayelsa Counterpart

    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.