According to Defence Times NG “An independent Defence and Security News Hub that provides you with the latest and exclusive news within the Defence community”, as it describes itself, “Nigerian President Bola Ahmed Tinubu has approved the finalization of a new $1 billion deal to boost the Nigeria’s defense industry”.
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| Military Vehicles. Photo: @DefenceTimesNG1 |
It added, “The deal, which was signed with the Managing Arm of the Military-Industrial Complex of the Indian government, will see the Defense Industries Corporation of Nigeria (DICON) become 40% self-sufficient in local manufacturing and production of defense equipment by 2027.”
