Skip to main content

STATE HOUSE PRESS RELEASE RUSSIA-AFRICA SUMMIT: PRESIDENT BUHARI, PUTIN AGREE TO STRENGTHEN NIGERIA-RUSSIA RELATIONS

President Muhammadu Buhari and Russian President, Vladimir Putin Wednesday in Sochi, Russia, agreed to put Nigeria-Russia relations on a fast track, and pursue the completion of partially completed and abandoned projects initiated by both countries.
At a bilateral meeting held on sidelines of ongoing Russia-Africa Summit, the two leaders agreed to start new infrastructure projects and expand trade and investment, security and military cooperation.
In statements made by both leaders, Nigeria and Russia will work together to improve efficiency of Nigeria’s oil sector, which is the backbone of the economy, in a way that will see to rehabilitation of epileptic oil refineries through establishment of framework for a joint venture between Nigerian National Petroleum Corporation (NNPC) and Russia-based leading oil company, Lukoil.
Both NNPC and Lukoil will work towards prospection of oil in deep offshore.
Nigeria and Russia also agreed to revive and solidify the venture between the NNPC and Russia’s gas giant, Gazprom for the development of Nigeria’s enormous gas potential and infrastructure.
The issue of uncompleted and abandoned Ajaokuta Steel Rolling Mill was presented by President Buhari. His request for the return of Russia, on a government-to-government relationship for completion and commissioning of the plant was accepted by President Putin.
Earlier in the day, the Minister of Mines and Steel Development, Arch Olamilekan Adegbite had a very fruitful discussion with his counterpart in Russia on Ajaokuta.
The Russia government agreed to support development of Nigeria’s rail infrastructure by constructing 1,400 kilometres track from Lagos to the South-South city of Calabar.
There was also discussion on the advancement of ongoing project for the establishment of a nuclear power plant in Nigeria. According to President Putin, the next step in the implementation of the project should be the commencement of construction of a power plant.
On security and military cooperation, one that existed for fifty-nine years of Nigeria’s independence, President Buhari agreed to renew Nigeria-Russia Military Technical Agreement that had lapsed within a short time, saying: “I have directed the Minister of Defence to work with the Ministry of Justice to conclude this matter within the shortest possible time.”
This military cooperation agreement is expected to give impetus to further cooperation in direct procurement of military hardware on a government-to-government basis at a lower cost as well as training of military personnel and modernization of armed forces and renewal of infrastructure and equipment which President Putin promised to undertake.
On protracted issue of the Aluminum Smelter Company of Nigeria, ALSCON, Ikot-Abasi, Akwa-Ibom State, President Buhari said that he had asked the Ministry of Justice, “to submit a comprehensive report on the UC Russel (the Russian owners of the plant) matter...I want to assure you that the aim of our reforms is to ensure such investments are concluded and actualized in a professional and painless manner.”
The two Presidents also addressed partnership in education and agriculture. The Russia leader said they would give additional scholarships to Nigerians.
“We seek your Government’s support especially in the areas of wheat production. Today, Nigeria produces less than one hundred thousand metric tons of wheat locally while our imports are projected to exceed five million tons in 2020.
“We therefore need your support to bridge the deficit which will create jobs and save our foreign exchange for other important areas like security, defence and infrastructure,” President Buhari said.
On this, President Putin promised to promote joint efforts, given his country’s ranking as the current number one wheat producer in the world.
“We can do a lot together,” Putin added.
The Russian President said Nigeria should take advantage of Russia’s potassium resources to advance President Buhari’s local fertiliser production program. Putin promised his country’s support for the geological prospection of Nigeria’s solid minerals and gave assurances of working with Nigeria and other African countries to secure and stop the incidents of piracy in the Gulf of Guinea as they did in securing the Somali coastal areas.
President Putin expressed further determination to secure Nigeria and the rest of Africa from terrorists. He told President Buhari that 2,000 ex-ISIS terrorists joined Boko Haram last year.
In conclusion, President Buhari said:
“ to move forward, may I suggest that our countries organize the fifth Joint Commission meeting to review and ratify all the agreements (about 40) contained in the Intergovernmental Nigeria-Russia Joint Commission on Economic, Scientific and Technical Cooperation Protocol of November 11, 2016.”
President Putin agreed to the proposal.
Both leaders emphasized the need for reform of United Nations Security Council. President Buhari asked Russia to support Nigeria’s aspiration for a permanent membership of the council.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
October 23, 2019
Image may contain: 2 people, people smiling, people standing and suit
Image may contain: 7 people, people sitting and food
Image may contain: 4 people, people sitting

Comments

Popular posts from this blog

AIRBUS A380 CUSTOM ($500 MILLION) OWNED BY AL-WALEED BIN TALAL

Airbus A380 Custom ($500 million): This is the most expensive private jet in the world, owned by Al-Waleed Bin Talal from Saudi Arabia and a member of the Saudi royal family – House of Saud. Prince Al-Waleed bin Talal has the eighth-highest amount given to charity ($3.5 billion) among the greatest philanthropists. He’s the 50th richest man in the world. He has almost everything gold plated in the plane and comes with a solid gold throne in the middle. The jet is referred to as Kingdom in the Sky and comes with a Turkish bath, a garage where he can park his Rolls Royce and even a prayer room with electronic mat that automatically rotates to face Mecca.

10 BEST DISPOSABLE GLOVES FOR CORONAVIRUS

Note:  When buying anything online, please exercise good judgment especially in case of buying anything for protection against coronavirus also known as COVID-19. Please refer to the  CDC website  for accurate information. As the reaches of Coronavirus continue to spread across the globe, so has the need for care in how one engages with the outside world. Health personnel most especially have started to employ more as they come in contact with different kinds of people every day. If you are not a doctor however but you work in a line where you come in contact with different people and surfaces, you also have to exercise extreme caution in order to protect yourself from contracting the highly contagious virus. To guarantee your safety from Covid-19 then, we bring you the top ten of one of the most essential PPEs you will need in this season, the disposable gloves. Here they are: 1....

What would you do if You were Lock In A Hut For 7 Days, And All You Have Is A Laptop, Internet And ATM Card?

72IG PROGRAM is the Answer. What is this Program? The 72ig program is a training program by Toyin Omotoso hosted on the Expertnaire affiliate platform that trains you on how to make at least N750,000 per month recommending valuable digital products to those in need of them. Toyin was trained alongside the likes of Akin Alabi, Ronald Nzimora, Patrick Ogidi, Fisayo Akinlolu, and more by Dr. Sunny Obazu-Ojeagbase, Toyin has made his mark as a successful internet marketer from Nigeria. Toyin Omotosho When you join Expertnaire via the 72ig program, you automatically join the 72ig Affiliate Marketing program, meaning that if you sell the same product you get 50% commission per sale while ordinary affiliates get just 30%. MORE THINGS TO KNOW ABOUT THE 72IG PROGRAM Price:  You may be unlucky to get at N55,000, but N45,000 with a discount as found using the link below Pros : Created by a respected internet and direct response marketing expert with proven results. Concise, step-by-st...