Local production of weapons will save revenue – Rep - News Summed Up

Local production of weapons will save revenue – Rep


Benson, who sponsored the bill, said with the signing, Nigeria might become an exporter of weapons, thereby generating foreign currency. Nigeria has been involved in the Boko Haram war for a long while and the lessons learned should not be thrown away. A lot of light weapons and things that are imported into the country will now be manufactured locally. That said, the lawmaker assured Nigerians that the 2024 defence budget would be thoroughly monitored to ensure value for money. We are fashioning out a model that will ensure thorough and efficient supervision of the defence budget for implementation.


Source: Punch December 11, 2023 17:07 UTC



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