business

FG, DICON Renew Push For Self-Sufficiency In Military Equipment

FG, DICON Renew Push For Self-Sufficiency In Military Equipment

Nigeria’s quest for self-sufficiency in military equipment production has received a fresh boost as DICON-D7G unveiled plans to expand indigenous defence manufacturing, attract foreign investment and create 7,000 employment opportunities for retired military personnel and civilians. The Chief Executive Officer of DICON-D7G, Mr Osman Chennar, disclosed this in a statement issued to journalists on Monday, saying the initiative was aimed at accelerating Nigeria’s transition from dependence on imported military equipment to local manufacturing, technology transfer and industrial self-sufficiency.

Nigeria’s quest for self-sufficiency in military equipment production has received a fresh boost as DICON-D7G unveiled plans to expand indigenous defence manufacturing, attract foreign investment and create 7,000 employment opportunities for retired military personnel and civilians.

The initiative, being promoted at the ongoing Africa International Defence Exhibition (AFRIDEX) in Lagos, also includes plans to secure 40,000 square metres of land for the establishment of a world-class international exhibition centre.

The Chief Executive Officer of DICON-D7G, Mr Osman Chennar, disclosed this in a statement issued to journalists on Monday, saying the initiative was aimed at accelerating Nigeria’s transition from dependence on imported military equipment to local manufacturing, technology transfer and industrial self-sufficiency.

DICON-D7G, a major sponsor of AFRIDEX, is using the international exhibition to promote its vision of building a stronger Nigerian military-industrial complex through local production, strategic partnerships, investment mobilisation and employment generation.

The renewed push comes 61 years after the establishment of the Defence Industries Corporation of Nigeria (DICON) in 1964, with the country still working towards developing the capacity to manufacture a substantial proportion of the military equipment required by its armed forces.

For decades, Nigeria has depended considerably on foreign suppliers for military hardware, ammunition, components and other defence technologies, raising concerns about foreign exchange expenditure, supply-chain vulnerabilities and the sustainability of national security operations.

Chennar said DICON-D7G was seeking to address the challenge by bringing government institutions, private investors, indigenous manufacturers, research organisations and international technology partners together.

“Our ambition is to move Nigeria from dependence on imported military equipment to a country that can increasingly manufacture, maintain and sustain its own defence requirements,” he said.

According to him, Nigeria possesses the human resources, technical expertise and industrial potential to achieve defence industrial independence through strategic investments and effective partnerships.

He said the organisation’s objective was to move Nigeria beyond importing finished defence products to developing the capacity to design, manufacture, maintain and eventually export military equipment.

As part of its international expansion, DICON-D7G recently made its debut at an exhibition in Qatar, where it sought partnerships with foreign manufacturers, investors and technology companies to facilitate technology transfer and strengthen local production.

“Our engagement with international partners is designed to encourage technology transfer, attract investment and build the technical capacity required to strengthen Nigeria’s defence industry,” Chennar said.

He described AFRIDEX as an important platform for bringing manufacturers, investors, technology developers and other stakeholders together to advance Nigeria’s defence industrial ambitions.

The exhibition, he said, would provide opportunities to promote indigenous innovation, attract investment and encourage collaboration capable of translating Nigeria’s industrial potential into practical defence manufacturing capabilities.

In another major development, DICON-D7G is pursuing the acquisition of approximately 40,000 square metres of land in Lagos for a proposed international exhibition centre.

The facility is expected to host international defence exhibitions, industrial trade fairs, technology showcases, manufacturing conferences and investment forums, while providing a platform for Nigerian manufacturers to showcase locally developed products.

“The proposed exhibition centre in Lagos will provide a permanent platform for international defence exhibitions, technology showcases and investment opportunities,” Chennar said.

The proposed centre is also envisaged as a commercial asset that could generate revenue and support the organisation’s long-term industrial objectives.

The organisation is also projecting 7,000 employment opportunities, comprising 2,000 positions for retired military personnel and 5,000 for civilians.

The retired military personnel are expected to contribute their experience and technical expertise in areas including training, engineering, logistics, administration and project management.

The civilian employment opportunities are expected to cover manufacturing, engineering, information technology, research and development, skilled trades and other supporting services.

“We are looking beyond military equipment production. We also want to create opportunities for retired military personnel and young Nigerians to contribute their skills to national development,” he said.

Beyond employment generation, the initiative is seeking to strengthen Nigeria’s military-industrial ecosystem by expanding local production and reducing dependence on foreign suppliers.

DICON-D7G has also indicated plans to expand its manufacturing activities beyond arms and ammunition to include tanks, armoured personnel carriers, mine-resistant vehicles, boats and drones.

The broader ambition is to develop local capacity that can support the country’s defence requirements, conserve foreign exchange, create jobs and stimulate technological advancement.

The development comes amid renewed efforts to strengthen Nigeria’s defence manufacturing framework following President Bola Tinubu’s signing of the DICON Amendment Act into law in November 2023.

The legislation provides an expanded framework for promoting indigenous defence production and strengthening the country’s military-industrial capacity.

  • dicon
  • equipment
  • defence
  • nigeria
  • exhibition
  • technology
  • investment
  • push

Summaries and tags are generated automatically. Stay informed with VidiaNews.

Related news

business

FDI: Qatar’s Barzan Holdings seeks to deepen defense partnerships with Nigeria

Qatar’s Barzan Holdings seeks to deepen defense partnerships with Nigeria. By Tunde Oso Barzan Holdings, Qatar’s leading national defence and security company, has spotlighted its cutting-edge defence technologies and industrial capabilities at the 2026 Africa International Defence Exhibition (AFRIDEX), held in Lagos, as part of efforts to advance defence innovation, strengthen industry collaboration and support Nigeria’s evolving security needs.

Read →
FG seeks global investment to develop blue economy
business

FG seeks global investment to develop blue economy

The Federal Government is seeking increased access to international maritime investment, technical expertise and capacity-building opportunities to strengthen Nigeria’s participation in the global shipping industry and unlock the economic potential of its blue economy. Minister of Marine and Blue Economy, Adegboyega Oyetola, made the call while leading Nigeria’s delegation to the 138th session of the International Maritime Organisation (IMO) Council in London.

Read →
FG steps up CNG push with fuel station revival, staff vehicle conversion
business

FG steps up CNG push with fuel station revival, staff vehicle conversion

—Initiative promotes cheaper energy, attracts private investment — Perm Sec ––Says 10 JAC vehicles, Villa shuttle buses already CNG-hybrid By Johnbosco Agbakwuru ABUJA–The Federal Government has renewed its drive to promote the adoption of Compressed Natural Gas (CNG) with the reopening of a former petrol filling station at the State House, Abuja, now converted into a CNG refuelling facility. Speaking at the inauguration of the facility in Karu, Abuja, Fashedemi disclosed that the project was executed through a partnership between the State House, the Presidential Initiative on Compressed…

Read →
FG records N4.69trn fiscal deficit in Q1’26 as revenue falls
business

FG records N4.69trn fiscal deficit in Q1’26 as revenue falls

•Nigeria’s economy grows 3.89% – Budget Office By Udeme Akpan The Federal Government (FG) recorded an aggregate fiscal deficit of N4.69 trillion in the first quarter of 2026, as revenue generation fell significantly below target, highlighting challenges in financing the 2026 budget.

Read →
Lokpobiri woos global investors, seeks stronger partnerships to unlock Nigeria’s petroleum potential
business

Lokpobiri woos global investors, seeks stronger partnerships to unlock Nigeria’s petroleum potential

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, made the call while speaking at the Ministerial Leadership Roundtable at the 2026 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), which focused on energy supply and industrial competitiveness. Lokpobiri reiterated that sustained investment, technology transfer and mutually beneficial international partnerships would remain central to unlocking Nigeria’s petroleum potential and positioning the country as a competitive destination for global energy investments.

Read →