Business

Firm To Made-In-Nigeria Assault Rifles Manufacturing

The Polish Armaments Group (PGZ) holding company and Defence Industries Corporation of Nigeria (DICON) signed a letter of intent on 26 March covering the production of Beryl M762 assault rifles in Nigeria, the rifle’s manufacturer Fabryka Broni announced.

Signed by PGZ President Jakub Skiba and DICON Director General, Major General Bamidele Ogunkale, the memorandum determines three phases of technology transfer: initial assembling, partial manufacturing, and finally full production of the assault rifles at the Ordnance Factory Complex in Kaduna.

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It was not announced how many rifles will be produced in Nigeria.

Nigeria’s 2017 federal budget proposal allocated NGN364 million (USD1 million) and NGN390 million respectively to establish production lines for the Beryl M762 and AK-47 assault rifles, the latter possibly being a reference to the OBJ-006, a Kalashnikov derivative unveiled by DICON in 2006.

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