Home BUSINESS Resuscitation Of Ajaokuta Steel Mill: Russians Are Coming

Resuscitation Of Ajaokuta Steel Mill: Russians Are Coming

Ajaokuta Steel CoyThe Russian Ambassador to Nigeria, Nikolay Udovichenko, has said that his country would support Nigeria in resuscitating the moribund Ajaokuta Steel Company to ensure rapid industrialisation of the country.
Udovichenko said that Russia will also assist Nigeria to overcome its current challenges in other sectors of the economy, especially oil and gas.
Udovichenko gave the assurance in his remarks at the 2016 Russia National Day celebration on Saturday in Abuja.
He said that a team of Russian engineers are ready to inject new technology into the steel mill to make it functional, adding that the country has remained a dependable ally to Nigeria.
He said that the relationship between both countries has always been cordial, saying: “Our relationship with Nigeria is based on mutual respect.
“On the security challenge, Nigeria can always count on Russia’s support.
“You can always be sure that we are with you in all your challenges.”
According to him, Russia is also ready to partner Nigeria in restoring new technology in the oil and gas.
“Russia also gives scholarships to many Nigerians annually to study in the country and will continue to support in the education sector.”
The envoy called on Nigerian businessmen to take advantage of the cordial relationship between the two countries to strengthen the trade relations between them.
The celebration was attended by members of the diplomatic and business communities and other top government functionaries.[myad]