The Defence Industries Corporation of Nigeria (DICON) has signed a Memorandum of Understanding (MoU) with Consulting and Supply International (CSI) Limited to establish a modern ammunition production plant in Nigeria.
CSI, headquartered in Nigeria, is a leading distributor of military, law enforcement and security equipment, supplying arms, ammunition, tactical gear, body armour, vehicles and other security solutions.
The agreement is part of efforts to strengthen indigenous defence production and reduce reliance on foreign imports.
Speaking at the agreement signing ceremony, DICON Director-General, Major General Babatunde Ibrahim Alaya, said the partnership was in line with the new DICON Act signed by President Bola Tinubu in November 2023, which has been attracting both local and foreign investors to the sector.
He explained that the collaboration with CSI would drive the establishment of a Military Industrial Complex (MIC) designed to achieve self-sufficiency in military hardware production and promote exports.
General Alaya added that the initiative also underscores DICON’s commitment to technology transfer and local capacity building, while appreciating the President, Defence Ministers, the Chief of Defence Staff and Service Chiefs for their support.
On his part, CSI’s Chief Executive Officer, Mr. Fadi Bashoun, said the company would set up a state-of-the-art production facility within the DICON complex to manufacture ammunition and other advanced defence systems tailored to the needs of the Armed Forces of Nigeria and security agencies.
He maintained that the partnership would not only boost the country’s defence capacity but also position Nigeria as a hub for modern military production in Africa.
