UAE-Nigeria Defence Deal: $200M Satellite Tech Investment
Nigus, Elmirate invests $200m in Nigeria’s defence, satellite technology
Nigus International Investment Limited and UAE-based Elmirate Investment LLC have signed an agreement to invest up to $200 million in developing advanced defence, satellite, and technology manufacturing capabilities in Nigeria. The partnership, announced on Monday, is aimed at strengthening Nigeria’s domestic security infrastructure while positioning the country as a regional hub for
Nigus International Investment Limited and UAE-based Elmirate Investment LLC have committed $200 million to develop advanced defence and satellite technology in Nigeria. The partnership aims to strengthen Nigeria's domestic security infrastructure while establishing the country as a regional technology hub. The agreement represents a significant investment in manufacturing and defence capabilities.
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