Terra Industries, a Nigerian defence-technology startup that builds drones and monitors locations using its proprietary software, has signed a memorandum of understanding (MoU) with the Defence Industries Corporation of Nigeria (DICON), a defence corporation operated by the Nigerian Armed Forces. The partnership will establish a Joint Venture Company (JVC) that will operate as a subsidiary of DICON and will be jointly promoted and owned by DICON and Terra Industries to localise the production of advanced security systems. It comes as the cases of insecurity across the country worsen. A 2024 policy brief by the Nigerian Institute of Social and Economic Research (NISER) found that despite the varying levels of success in combating insecurity by security personnel, inadequacies and loophole...