Minister of State for Defense, Bello Matawalle, reportedly credited this achievement to the efforts of the Ministry of Defense and the new management of the Defense Industries Corporation of Nigeria (DICON) under the Bola Tinubu administration.

Matawalle noted that this growing patronage will boost Nigeria’s foreign exchange earnings, create jobs, and reduce capital flight.
 “We want to change the narrative of DICON,” he said, as cited by media. “Many people have been asking me at 60 years old, what has DICON done? What are we doing? That we are buying foreign equipment, foreign ammunition, and other armaments that DICON cannot yet produce.”

He further emphasized that the new DICON Act 2023, which made it mandatory for all government organizations and agencies to procure military hardware from DICON, could significantly contribute to Nigeria’s development and national security.

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