Connect with us

News

Nigeria, US firm consider partnership to produce advanced military equipment

Avatar

Published

on

The Ministry of Defence is actively exploring potential partnerships with the U.S. military company NEANY to establish advanced weapon production lines at the Defence Industry Corporation of Nigeria (DICON). Dr. Bello Matawalle, the Minister of State for Defence, embarked on a two-day visit to NEANY to assess areas of collaboration, as disclosed in a statement by Mr. Henshaw Ogubike, the Director of Press and Public Relations for the ministry.

The primary focus of this collaboration is the establishment of assembly lines for the production of sophisticated military equipment, aimed at enhancing Nigeria’s capacity to combat insecurity. The initiative also aims to incorporate innovative technologies that can improve the efficiency of the Nigerian military in addressing contemporary security challenges.

NEANY, a prominent U.S. military equipment manufacturing company, is partnering with DICON, a Nigerian government firm specializing in the production of military equipment and hardware.

During the visit, Minister Matawalle emphasized Nigeria’s commitment to enhancing the capabilities of its armed forces in response to emerging security threats. He noted that the comprehensive tour of NEANY’s facilities provided valuable insights into cutting-edge military and intelligence hardware capabilities, marking a crucial step in fostering collaboration and integrating advanced military technologies to strengthen Nigeria’s defence capabilities. The minister highlighted the government’s dedication to President Bola Tinubu’s vision of modernizing the armed forces to effectively address evolving security challenges.

Click to comment

Leave a Reply

News

BREAKING: Oronsaye Report: Tinubu to scrap many agencies, merge others

Avatar

Published

on

President Bola Tinubu will implement some of the recommendations contained in the Oronsaye Report.

This is majorly, in order to cut the cost of governance.

This is coming 12 years after the Steve Oronsaye Panel submitted its report on restructuring and rationalising Federal government parastatals and agencies and a white paper issued two years after.

According to Bayo Onanuga, the President and the Federal Executive Council on Monday reached a decision to implement the report.

He said: “Many agencies will be scrapped and many others will be merged, to pave the way to a leaner government.”

CREDIT: DAILY POST

Continue Reading

News

‘You’re responsible for Nigeria’s economic woes’— Atiku tackles Tinubu

Avatar

Published

on


Atiku Abubakar, the Peoples Democratic Party (PDP) candidate in the 2023 general election, attributed Nigeria’s economic challenges to President Bola Ahmed Tinubu.

In a statement shared on his official social media account on Sunday, the former Vice President of Nigeria urged Tinubu to take cues from Argentina’s President Javier Milei on swiftly restoring investor confidence despite inheriting a troubled economy.

Atiku criticized Tinubu for deflecting blame onto the opposition and his predecessors, calling such actions unnecessary and shortsighted. He emphasized that market dynamics respond to concrete actions, not political rhetoric.

Drawing parallels with President Milei’s leadership in Argentina, Atiku highlighted the need for well-sequenced economic reforms. He commended Milei’s proactive approach in preparing for the post-reform challenges and ensuring the availability of mitigating measures.

Atiku contrasted Tinubu’s administration’s ad hoc and hurried reforms with Milei’s strategic sequencing. He pointed out Argentina’s lean government structure achieved through reducing ministries and privatizing state-owned enterprises, contrasting it with Nigeria’s expanding bureaucracy and excessive spending on official residences.

Atiku likened Tinubu’s administration’s approach to Nero fiddling while Rome burns, accusing him of evading substantive action and blaming the opposition for policy failures, reminiscent of characters in George Orwell’s Animal Farm.

Expressing admiration for Argentina’s reforms, Atiku suggested aligning his “Recover Nigeria Plan” with Milei’s stabilization strategy to alleviate Nigeria’s economic distress. He emphasized the need for transparent policies focused on economic revival and warned against dismissing discontent, particularly among the youth, which could manifest in protests.

The statement referred to the worsening economic conditions in Nigeria, highlighted by soaring inflation rates and high living costs, as reported by the National Bureau of Statistics, with headline inflation reaching 29.90% and food inflation at 35.42% in January 2024.

Continue Reading

News

BREAKING: Fire guts FCT Minister’s residence

Avatar

Published

on


A fire broke out at the private residence of Dr. Mariya Mahmoud, the Minister of State in the Federal Capital Territory Administration (FCTA), on Sunday afternoon.

Situated at No. 9, Justice Roseline Ukeji Close in the affluent Asokoro district of Abuja, the property was reportedly completely destroyed by the blaze.

Despite prompt emergency response efforts, including the arrival of fire service personnel, nothing could be salvaged from the premises.

Mr. Austin Elemue, the Minister’s Special Adviser on Media, confirmed the incident, indicating that the cause of the fire remained unknown at the time.

Authorities have initiated an investigation to ascertain the cause of the fire.

Continue Reading

Trending