Skip to content
August 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • IMPI urges FG to prioritise local arms production, ensure adequate funding for DICON, others
  • Business & Economy

IMPI urges FG to prioritise local arms production, ensure adequate funding for DICON, others

Admin December 23, 2025

President Tinubu

 

Gun and pellets
Photo: Google

The Independent Media and Policy Initiative (IMPI) is proposing that the government prioritises local arms production with the Defence Industries Corporation of Nigeria (DICON) leading the charge.

In a policy statement signed by its Chairman Dr Omoniyi Akinsiju, the think tank urged the President Bola Tinubu administration to ensure funding for
DICON as well as partnerships with countries like Turkey and Israel to bridge gaps in expertise.

“The Defence Industries Corporation of Nigeria (DICON), established in 1964, should be the backbone of self-reliance. Instead, it is held back by underfunding and bureaucracy.

“Its OBJ-006 rifle, meant to symbolise self-sufficiency, still relies on imported parts. Contrast this with South Africa’s Paramount Group, which produces armoured vehicles for global markets, or Turkey’s booming drone industry.

“Nigeria has the capacity; what is missing is the political will. Local firms like Proforce already manufacture mine-resistant vehicles, yet the military still imports overpriced, refurbished equipment from questionable middlemen. The $500 million contract for outdated Puma helicopters in 2014, a deal stained by corruption, shows how broken the system could be.

“Nigeria must prioritise local arms production. DICON needs funding and partnerships with tech-savvy nations such as Turkey or Israel to bridge expertise gaps.”

The think tank added that the Air Force Institute of Technology (AFIT) also has what it takes to play a crucial role in advancing Nigeria’s drone technology with a team of skilled engineers and researchers who are already actively involved in designing and developing indigenous drones for various applications, including military, civilian, and scientific purposes.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Defence DICON IMPI Omoniyi Akinsiju Proforce

Post navigation

Previous Troops neutralise scores of terrorists, nab 61 suspects, rescue 69 victims – DHQ
Next Nigeria and the Supreme Court’s Emergency Politics, By Chidi Anselm Odinkalu

Related Stories

Under Tinubu, FAAC allocations peak at N2.8trn monthly, highest ever – Oyedele
  • Business & Economy

Under Tinubu, FAAC allocations peak at N2.8trn monthly, highest ever – Oyedele

August 18, 2026
West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns
  • Business & Economy

West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns

August 17, 2026
Oil climbs over $1 on tanker attacks, no progress on peace reserves crude oil
  • Business & Economy

Oil climbs over $1 on tanker attacks, no progress on peace

August 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Under Tinubu, FAAC allocations peak at N2.8trn monthly, highest ever – Oyedele
  • Business & Economy

Under Tinubu, FAAC allocations peak at N2.8trn monthly, highest ever – Oyedele

August 18, 2026
Osun 2026: When the people speak, politics must listen, by Muyiwa Akintunde
  • Commentaries

Osun 2026: When the people speak, politics must listen, by Muyiwa Akintunde

August 18, 2026
Bayelsa Assembly defies court order: Still summons Sagbama Council chairperson
  • National News

Bayelsa Assembly defies court order: Still summons Sagbama Council chairperson

August 18, 2026
NDC leader Dickson appoints Sani Takori, VinMartin Ilo, Steve Nwosu as aides
  • Politics

NDC leader Dickson appoints Sani Takori, VinMartin Ilo, Steve Nwosu as aides

August 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.