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250 Nigerian Businesses for Africa Economic Forum in Sochi

Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, disclosed this in an announcement in Abuja on Tuesday.

According to the presidential aide, the discussion board will likely be held throughout the Russia–Africa Summit to reinforce Russian investments in Africa, and promote African enterprise curiosity within the host nation.

“It is vital that this assembly is happening at the moment. All the large economies are choosing a stronger curiosity in Africa.

“We now have US-Africa Summit, India-Africa Summit, China-Africa Summit and Japan-Africa Summit, so Russia has signified its curiosity for political, cultural and financial partnership.

“Nigeria has had a wonderful relationship with Russia over time. We won’t overlook how the nation assisted us in holding Nigeria as one throughout the civil conflict when a few of our conventional allies abandoned us,’’ he stated.

He famous that Russia had additionally stood behind Nigeria within the battle in opposition to terrorism, Boko Haram and ISWA, and had additionally demonstrated its capability in gasoline manufacturing, “a useful resource which Nigeria has an enormous potential of utilising.’’

Shehu, who additionally confirmed the arrival of President Muhamamdu Buhari for the occasion on Monday, stated the three-day inaugural Russia-Africa Summit and Economic Forum would give attention to peace, safety and improvement.

He stated the summit would look into problems with sustainable power, mines and metal, infrastructure improvement in Africa, nuclear power and commerce and funding.

On safety, the Senior Special Assistant stated the assembly would provide you with proposals for a safety structure pushed by new expertise.

The Economic Forum and Summit would maintain between Oct. 23 and Oct. 24, with 4 plenary classes to be attended by greater than 30 African Heads of State and governments.

This included the Chairman of the African Union and President of the Arab Republic of Egypt Abdel Fattah el-Sisi.

The summit could be co-chaired by President Vladimir Putin, with a keynote deal with on the opening on Wednesday, and el-Sisi.

Buhari and Putin will meet at Nigeria and Russian bilateral assembly on Oct. 23 whereas the Nigerian chief will make an announcement on the summit on Oct. 24.

Other contributors on the summit that can showcase Russian curiosity and funding potential in Africa embody businessmen, specialists, traders, leaders of main sub-regional associations and organisations.

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