Nigeria to Attract $200m for Defence, Cybersecurity, Satellite

A strategic partnership between Nigeria’s Nigus International Investment Limited and UAE-based Elmirate Investment LLC (Elmirate Capital) aims to attract up to $200 million in investment to bolster Nigeria’s defence technology, cybersecurity, and satellite infrastructure capabilities.

The collaboration, formalised through a memorandum of understanding, will establish a next-generation technology and advanced manufacturing platform in Nigeria. A newly formed special purpose vehicle, Nigus Tactical Systems Ltd, will serve as the central operational entity for the investment, technology integration, and project development.

The initiative is designed to strengthen domestic defence production, expand advanced technology capacity, and reduce reliance on imported security infrastructure, aligning with Nigeria’s national security priorities. It will operate under the regulatory framework of the Defence Industries Corporation of Nigeria (DICON) and in accordance with the DICON Act 2023.

Executive Chairman of Nigus International, Prince Malik Ado-Ibrahim, stated the project responds to a continental shift where technological capability is intrinsically linked to economic strength and national security. “Through this partnership, we are working to build a platform in Nigeria that supports innovation, advanced manufacturing, and meaningful technology transfer,” he said, emphasising the goal of creating a sustainable industrial base.

Managing Director of Elmirate Capital, Pankajj Ghode, described the planned investment as a reflection of strong confidence in Nigeria’s economic potential and its ambition to become a technology and aerospace hub. “By connecting our global network of defence, cybersecurity, aerospace, and advanced technology partners with local expertise, we aim to support the development of a resilient ecosystem,” he added.

The platform’s manufacturing focus will include Class C local defence systems for the domestic production of critical equipment. Specific areas under consideration encompass tactical and intelligence, surveillance, and reconnaissance (ISR) drones, unmanned aerial systems, ammunition and munitions production, and armoured vehicles. Integrated surveillance and intelligence technologies will also target enhanced border security.

Beyond traditional defence, the partnership will develop military cyber defence platforms and cyber ranges for training and testing against digital threats. A significant component will involve satellite technologies, including earth observation capabilities, communications infrastructure, and secure satellite networks for both defence and civilian use.

By integrating geospatial intelligence and modern surveillance systems, the project intends to position Nigeria as a regional hub for advanced defence and space technology. The partners aim to drive long-term industrial growth, technological self-reliance, and contribute to regional stability through a combined model of international technology partnerships and local leadership.

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