Nigeria and Indonesia firms sign defence deal, target $6bn trade

Summary

Nigeria and Indonesia have signed an agreement on the representation of Indonesian defence manufacturer PT Pindad in Nigeria, alongside talks to lift bilateral trade to $6bn.

Highlights

• The agreement was signed on the sidelines of the 41st Trade Expo Indonesia in Jakarta.
• The deal is intended to support local production of defence equipment and strengthen security cooperation.
• Lawmaker Uchenna Okonkwo said the partnership could open work with Nigeria’s Defence Industries Corporation, DICON.
• Okonkwo said the arrangement could also include training Nigerian personnel to operate the equipment.
• The delegation also discussed expanding trade and investment with Indonesian officials and private-sector stakeholders.