Nigeria will soon become become self-sufficient in local production of military hardwares.
The Minister of Defence, Dr Bello Matawalle, made this known on Monday while briefing newsmen as part of activities lined up to celebrate Defence Industries Corporation of Nigeria (DICON) 60th anniversary.
The minister said that through collaboration and innovation, the corporation had established itself as a key player in the defence sector.
He added that as DICON continue to evolve, its contributions would remain crucial to Nigeria’s national security and economic growth.
He also said that the maiden edition of the Africa Defence Industries Conference (ADIC), which would be inaugurated during the the celebration would serve as a premier platform for industry leaders, policymakers, and stakeholders to collaborate.
“The ADIC which will hold between Wednesday and Thursday at the Shehu Musa Yar’Adua Centre, Abuja will also share insights, and explore the future frontiers of defence technology in Africa.
”The theme, DICON @ 60: Future Frontiers in Africa’s Defence Technology,” underscores our commitment to advancing defence capabilities through strategic partnerships, innovation, and technological advancements.
Matawalle noted that the new DICON Act 2023 had the potential to significantly contribute to Nigeria’s national development and national security by boosting foreign exchange earnings through local production of defence equipment.
He said that the Act also had the potential of creating jobs for skilled Nigerians, as well as reducing capital flight to foreign nations.
”DICON was established in 1964 and it has been at the forefront of Nigeria’s defence manufacturing, contributing significantly to national security and technological advancement.
”This 60th anniversary marks a significant milestone in our journey of innovation, resilience, and dedication to the defence needs of our nation.
”Today, DICON is celebrating 60 years of dedicated service in the production and repair of military hardware and equipment.
”Since its establishment, DICON has played a crucial role in Nigeria’s defence sector, collaborating with indigenous companies to achieve excellence in military manufacturing,’’ he said.
The minister added that DICON’s journey began with a modest start, focusing on the production of small arms and ammunition.
He said that over the years, the corporation expanded its capabilities, venturing into the manufacture of military vehicles, artillery, and other defence equipment.
”In spite of facing challenges, DICON persevered, driven by its commitment to self-reliance and national security.
”We therefore invite innovators, startups, and research institutions to present their cutting-edge solutions that can enhance national and regional security through the Defence Innovation Challenge.
”These celebrations, which commenced on Aug. 9, will herald a new era for DICON as a Military Industrial Complex, following the assent to the new DICON Act by His Excellency, President Bola Ahmed Tinubu, on Nov. 23, 2023.
”We extend a warm invitation to all stakeholders, partners, and the public to join us in celebrating this momentous occasion,’’ Matawalle added