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Kapital FM 92.9 The Station that Rocks!
By Oduyemi Odumade
President Bola Tinubu has assented to the Defence Industries Corporation of Nigeria (DICON) Bill, 2023.
The Defence Industries Corporation of Nigeria (DICON), was originally established on August 1, 1964, by an Act of Parliament and later revised as the DICON Act in Chapter 94 of the Laws of the Federation in 2004.
In a Statement in Abuja by the Special Adviser to the President on Media and Publicity,, Ajuri Ngelale, the new Defence Industries Corporation of Nigeria Act for 2023, is now in effect, replacing the earlier version of the law.
This new law gives more authority to the Defence Industries Corporation of Nigeria, allowing it to Operate, maintain, and control subsidiaries and ordnance factories to manufacture, store, and dispose of ordnance and ancillary stores and material.
Establish the Defence Industry Technology, Research, and Development Institute (DITRDI) to create an elaborate scientific and research-based technological foundation for Nigeria’s defence industry through the leveraging of combined multi-disciplinary research from multiple military research institutes for application that leads to commercialization and the development of new military technology and capacity in Nigeria.
and to also Provide a comprehensive regulatory framework for the regulation of the manufacturing, distribution, storage, and disposal of defence articles in Nigeria.
The Defence Industries Corporation of Nigeria Bill, 2023, was sponsored by the Chairman of the House of Representatives Committee on Defence and Member Representives Ikorodu Federal Constituency, Babajimi Benson.
Edited By Grace Namiji
Written by: Kevin Nwabueze
PBAT Assents To DICON Bill 2023
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