Sunday, November 8, 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

Mbadiwe seeks take-off grant to expand licencing structures nationwide

Betta Edu at 40: A rare Gloom of Grace, Grit and Greatness

Motor vehicle administration must prioritise safety over revenue –Oche

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

Keyamo Takes Tinubu Aviation Revolution to Nigerians Ahead of 2027 Elections
NEWS

Keyamo Takes Tinubu Aviation Revolution to Nigerians Ahead of 2027 Elections

by NewsDen Publishers
November 8, 2026
Mbadiwe seeks take-off grant to expand licencing structures nationwide
EDUCATION

Mbadiwe seeks take-off grant to expand licencing structures nationwide

by NewsDen Publishers
November 8, 2026
Delta APC decries political violence, emphasises healthy political competition
NEWS

Delta APC decries political violence, emphasises healthy political competition

by NewsDen Publishers
November 8, 2026
​Fr. Mozia Charges Christians To Avoid Selfishness
NEWS

​Fr. Mozia Charges Christians To Avoid Selfishness

by NewsDen Publishers
November 8, 2026
Delta Govt Orders Investigation As Political Violence Claims One Life
NEWS

Delta Govt Orders Investigation As Political Violence Claims One Life

by NewsDen Publishers
November 8, 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

Keyamo Takes Tinubu Aviation Revolution to Nigerians Ahead of 2027 Elections

Keyamo Takes Tinubu Aviation Revolution to Nigerians Ahead of 2027 Elections

November 8, 2026
Mbadiwe seeks take-off grant to expand licencing structures nationwide

Mbadiwe seeks take-off grant to expand licencing structures nationwide

November 8, 2026
Delta APC decries political violence, emphasises healthy political competition

Delta APC decries political violence, emphasises healthy political competition

November 8, 2026
​Fr. Mozia Charges Christians To Avoid Selfishness

​Fr. Mozia Charges Christians To Avoid Selfishness

November 8, 2026
Delta Govt Orders Investigation As Political Violence Claims One Life

Delta Govt Orders Investigation As Political Violence Claims One Life

November 8, 2026

TRENDING STORIES

  • Why We Are Committed To Devt Of Blue Economy – Oborevwori

    List of Successful Candidates: Monday Onyeme Foundation Undergraduate Scholarship

    0 shares
    Share 0 Tweet 0
  • Delta Govt Orders Investigation As Political Violence Claims One Life

    0 shares
    Share 0 Tweet 0
  • Monday Onyeme Foundation To Issue Cheques to 853 Undergraduates On Sunday

    0 shares
    Share 0 Tweet 0
  • ​Fr. Mozia Charges Christians To Avoid Selfishness

    0 shares
    Share 0 Tweet 0
  • Oseji Was A Good Mentor, Says Oborevwori

    0 shares
    Share 0 Tweet 0
  • Road Infrastructure: Oyemike Lauds Oborevwori For Exceptional Performance

    0 shares
    Share 0 Tweet 0
  • 2027: Delta APC Flags Off Campaign 

    0 shares
    Share 0 Tweet 0
  • Isoko Nation Honours Oborevwori

    0 shares
    Share 0 Tweet 0
  • Monday Onyeme Foundation’s 2026 Cheque Presentation to Take Place This Sunday

    0 shares
    Share 0 Tweet 0
  • Delta APC decries political violence, emphasises healthy political competition

    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.