No fewer than 150 foreign firms will attend the forthcoming maiden Africa Defence Industries Conference and exhibition slated for Wednesday, August 14 and 15, in Abuja.
The minister of state for defence, Bello Matawalle, announced this during a press conference to herald the 60th anniversary of the Defence Industries Corporation of Nigeria (DICON) and the maiden Africa Defence Industries Conference, in Abuja.
He said the DICON 60th anniversary celebration, which commenced on Friday, August heralded a new era for DICON as a Military Industrial Complex, following the assent to the new DICON President Bola Tinubu, on November 22, 2023.
The minister said since the establishment of DICON in 1964, the corporation has played a significant role in Nigeria’s defence sector, “collaborating with indigenous companies to achieve excellence in military manufacturing.”
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He said: “DICON’s journey began with a modest start, focusing on the production of small arms and ammunition. Over the years, the corporation expanded its capabilities, venturing into the manufacture of military vehicles, artillery, and other defence equipment. Despite facing challenges, DICON persevered, driven by its commitment to self-reliance and national security.
“DICON’s 60-year journey is a testament to Nigeria’s commitment to self-reliance in defence production. Through collaboration and innovation, the corporation has established itself as a key player in the defence sector. As DICON continues to evolve, its contributions will remain crucial to Nigeria’s national security and economic growth.
“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.”
The minister said the new DICON Act 2023 has the potential to significantly contribute to Nigeria’s national development and national security by “boosting foreign exchange earnings through local production of defence equipment, creating jobs for skilled Nigerians, and reducing capital flight to foreign nations.
He said the Africa Defence Industries Conference would serve as a premier platform for industry leaders, policymakers, and stakeholders to collaborate, share insights, and explore the future frontiers of defence technology in Africa.
