Defence Industries Corporation of Nigeria Act, 2023
Repeals the earlier DICON Act and empowers the Defence Industries Corporation of Nigeria to run ordnance factories, set up a defence research institute and regulate defence articles.
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The Act repeals the previous Defence Industries Corporation of Nigeria Act. It lets the Corporation operate subsidiaries and ordnance factories, establish the Defence Industry Technology, Research and Development Institute, regulate the manufacture, distribution, storage and disposal of defence articles, and encourage private capital for defence research and production.
Who this affects
The Armed Forces, defence manufacturers and private investors in the defence sector.
What it changes
- 1Repeals the earlier DICON Act (Cap. 94, LFN 2004).
- 2Authorises ordnance factories and subsidiaries.
- 3Establishes the Defence Industry Technology, Research and Development Institute.
- 4Creates a regulatory framework for manufacturing, distribution, storage and disposal of defence articles.
1 section · referred to the House Committee on Defence (chair: Babajimi Benson)
-.Powers of the Corporation (paraphrased from the State House statement)
(paraphrased) The Act repeals the previous DICON Act and empowers the Corporation to operate, maintain and control subsidiaries and ordnance factories; establish the Defence Industry Technology, Research and Development Institute; and provide a regulatory framework for the manufacture, distribution, storage and disposal of defence articles.
This is a readable rendering for citizens. The authoritative text is the gazetted version — linked below.
Assented
23 November 2023
State House statement of 23 November 2023.
Official text
The gazetted document
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