Nigus International Investment Limited and UAE-based Elmirate Investment have signed a memorandum of understanding worth up to $200 million to establish defense manufacturing capabilities in Nigeria.
The project will be implemented through a special purpose vehicle named Nigus Tactical Systems Limited, which will manage investment, technology integration, and operational execution.
The initiative is designed to boost local defense production, enhance digital security infrastructure, and reduce dependence on imported military equipment. Planned capabilities include the development of tactical drones, intelligence and surveillance systems, ammunition manufacturing, and armored vehicle production.
In addition, the collaboration will cover cyber solutions, training facilities, and satellite technologies such as earth observation and secure communication networks for both military and civilian use. The program will operate under the oversight of the Defence Industries Corporation of Nigeria in accordance with the DICON Act 2023, which promotes domestic manufacturing and technology transfer.
