Foreign News

UAE Firm Invests $200 Million to Boost Nigeria’s Defense Technology

By 𝔸bdulrazak Tomiwa

 

 

Abu Dhabi’s Elmirate Capital has committed $200 million to develop defense technology, satellite systems, and advanced manufacturing in Nigeria. 

 

This strategic partnership with Nigus International Investment Limited aims to boost local production and reduce Nigeria’s dependence on imported security equipment.

 

The project will operate through a new special purpose vehicle, Nigus Tactical Systems Ltd. This entity is designed to manage global technology integration and investments while strictly adhering to Nigeria’s regulatory framework and the DICON Act 2023.

 

A major portion of the investment will focus on modern surveillance and intelligence infrastructure. This includes the development of tactical drones and unmanned aerial systems to improve border monitoring and enhance the country’s counter-terrorism capabilities.

 

The collaboration also covers the local manufacturing of traditional military hardware, such as ammunition and armored vehicles. These protected mobility systems are being tailored for modern operational needs to ensure Nigerian forces have high-quality, locally sourced equipment.

 

The initiative extends into digital security with plans for cyber defense infrastructure and “cyber ranges.” these facilities will provide specialized military-grade training and platforms to build national resilience against evolving cyber threats.

 

This $200 million deal reflects growing investor confidence in Nigeria’s defense sector, following other recent high-value security investments. Leaders from both firms emphasized that the move will drive industrial growth, technology transfer, and regional stability.

Abdulrazak Shuaib Tomiwa

Abdulrazak Shuaib Tomiwa

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