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Olusegun Aganga

Nigeria’s relationship with other countries might start to pay off soon. Nigeria is working on bringing in Russian investors with focus on building SMEs and two other sectors of the economy – the oil and gas and agricultural sectors. To this end, a business forum is to hold in Moscow this week where Nigerian and Russian businesses come together to consider how this partnership can effectively serve both parties substantially. With Nigeria’s economy on a steady rise, Mr. Hassam Hassam, Nigerian ambassador to the Russian Federation, sees Russia’s investment in the Nigerian economy as an advantageous one. If this proposed business investment is anything like China’s partnering with Zimbabwe for the African country’s growth and development, considerable difference plus growth in these focus areas is to be expected.
Mary OdunugaMary Odunuga is a graduate of Obafemi Awolowo University, freelance writer and media consultant for a government agency.

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This article was first published on 7th November 2013

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