Nigus International Investment Limited has partnered with Elmirate Investment to sign a memorandum of understanding valued at up to $200 million for advancing defense manufacturing in Nigeria.
The agreement will be carried out through a newly formed entity, Nigus Tactical Systems Limited, responsible for overseeing funding, technology integration, and operational activities.
The initiative aims to strengthen Nigeria’s domestic defense industry by enabling production of drones, surveillance and intelligence systems, ammunition, and armored platforms, while also reducing reliance on foreign imports.
It will further incorporate cyber defense capabilities, specialized training centers, and satellite-based solutions including earth observation and secure communications for dual-use applications. The effort will align with regulations set by the Defence Industries Corporation of Nigeria under the DICON Act 2023, supporting local industry growth and knowledge transfer.
