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            Home » DICON: Nigeria’ll Soon Become Self Sufficient in Defence Production- Matawalle 
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            DICON: Nigeria’ll Soon Become Self Sufficient in Defence Production- Matawalle 

            Prompt NewsBy Prompt NewsAugust 12, 2024Updated:August 12, 2024No Comments3 Mins Read
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            Minister of State for Defence, Bello Matawalle
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            By Tony Obiechina,  Abuja 

            The Minister of State for Defence, Dr Bello Matawalle said on Monday that the establishment of Nigeria Defence Industries Corporation (DICON) 60 years is a testament to Nigeria’s commitment to self reliance in defence production.

            The Minister who spoke at a press conference to commemorate DICON’s 60th anniversary in Abuja, said through collaboration and innovation, the corporation has established itself as a key player in the defence sector.

            He said as DICON continues to evolve, its contributions will remain crucial to Nigeria’s national security and economic growth, adding that the new DICON Act 2023 has the potential to significantly contribute to Nigeria’s national development and national security.

            Besides, he said the new Act will empower the Corporation in boosting foreign exchange earnings through local production of defence equipment, creating jobs for skilled Nigerians, and reducing capital flight to foreign nations.

            According to Matawalle, since its establishment in 1964, DICON “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 added.

            The Minister recalled that DICON’s journey began with a modest start, focusing on the production of small arms and ammunition, adding that over the years, the corporation has expanded its capabilities, venturing into the manufacture of military vehicles, artillery, and other defence equipment. 

            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. READ ALSO:

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            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.

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