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Russian Investors Set To Storm Nigeria In 2018 – Ambassador

1 Min Read
Putin

The Russian Ambassador to Nigeria, Nikolay Udovichenko has disclosed that many Russian investors have indicated interest in coming to Nigeria starting from 2018.

The ambassador made this known in a recent meeting with journalists in Abuja.

He said that the investors have indicated interest in investing in the power, agriculture, solid mineral and education sectors of the economy.

Udovichenko said, “We are expecting more Russian companies in Nigeria starting from next year (2018) and these companies have identified areas where they have indicated interest. They are power, agriculture, solid mineral and education.

“Also, Russia is planning to have a joint corporation with Nigeria in order to increase their bilateral ties.”

Russia’s trade volume with Nigeria currently stands at $400 million.

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