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Army seeks N1bn to support its vehicle manufacturing firm

April 28, 2019
in Latest Nigeria News, Nigeria News
Army seeks N1bn to support its vehicle manufacturing firm
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The Chief of Army Staff (COAS) Lt.-Gen. Tukur Buratai has stated that the Nigerian Army would source N1 billion to support its Vehicle Manufacturing Company (NAVMC). Buratai made this statement at the Army’s Fire Power Demonstration at Camp Kabala Range, Jaji, marking the end of a week-long COAS Conference and CAT Week 2019.

“We are already sourcing for the sum of N1billion to support the NAVMC. You will be taken along. We have an investment in the army that has been generating some amount of money.

“We will take a loan from there to support NAVMC, so that they will be able to realize our dream of producing indigenous armored fighting vehicles and to continue to maintain our existing equipment.”

According to him, the new inventions and acquisition to the Army are force multipliers. He noted that the conference had brought everybody together to access what had so far been achieved in the the first quarter of 2019.

“As you have been promised by the Group Managing Director of NAVMC, in the next three to four months, we should have a brand new vehicle, originally produced by the Nigerian Army for use in the army.They are also for services of the general public that may find it useful, especially the paramilitary agencies.”

“This, we believe, will transform the Nigerian Army and Nigerian industrial companies, by the time we start mass production,” he said.

“I have said it before, military equipment are never obsolete. With maintenance culture of the military globally, vehicles and equipment of the second world war are useful in many parts of the world,” he said.

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