FG Allocates $2.8bn for Arms Production Revamp Under 2025 Appropriation Bill

The Federal Government has allocated N7,940,323,192 to the Defence Industries Corporation of Nigeria in the 2025 Appropriation Bill to revamp the nation's arms production capabilities. The allocation is aimed at enhancing the country's defense capabilities amid weapons importation.
The Federal Government has allocated a significant amount of funding to the Defence Industries Corporation of Nigeria, allocating N7,940,323,192 from the 2025 Appropriation Bill to enhance the nation's arms production capabilities. This allocation is part of efforts to revamp the country's defense industries and improve its overall military capabilities. The funds will be utilized to support the importation of new weapons and equipment, with the aim of bolstering Nigeria's defenses and promoting self-reliance in armament production. The move is seen as a crucial step towards enhancing national security and reducing reliance on imported arms.