Nigus And Elmirate Back USD 200 M Nigeria Defence And Satellite Platform

Nigeria’s Nigus International Investment Limited and UAE-based Elmirate Investment LLC have signed an MoU to develop a defense, satellite, and advanced manufacturing platform in Nigeria, backed by a planned USD 200 M investment.

The initiative will be executed through a new vehicle, Nigus Tactical Systems Ltd, and aligned with the Defense Industries Corporation of Nigeria under the DICON Act 2023.

The platform will focus on local defense manufacturing, including drones, armoured vehicles, and surveillance systems, alongside cyber defense and satellite-based intelligence infrastructure.

The partnership aims to reduce Nigeria’s reliance on imported defense systems while positioning the country as a regional hub for aerospace, cybersecurity, and advanced industrial technology.