Russia to help Nigeria resuscitate Ajaokuta Steel Mill

*Ajaokuta Steel Complex

*Ajaokuta Steel Complex

*Offers technological support in oil and gas sector

Oscarline Onwuemenyi

12 June 2016, Sweetcrude, Abuja – The Russian Ambassador to Nigeria, Mr. Nikolay Udovichenko, has said his country would support Nigeria in resuscitating the moribund Ajaokuta Steel Company to ensure rapid industrialisation of the country.

He added that Russia was ready to assist Nigeria to overcome current challenges in other sectors of the economy, especially in the oil and gas industry.

Nikolay, who gave the assurance in his remarks at the 2016 Russia National Day celebration on Saturday in Abuja, said a team of Russian engineers was ready to inject new technology into the steel mill to make it functional.

The Ambassador observed that the country, like many other oil producing nations across the world, was facing tough times due to the global decline in oil prices, as well as activities of militants in the Niger Delta, adding that Russia has had a lot of experience in managing challenges in the oil and gas industry.

He said that the relationship between both countries had always been cordial, adding that the country had remained a dependable ally to Nigeria. “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,” the envoy said.

According to him, Russia is also ready to partner Nigeria in restoring new technology in the oil and gas industry.

“Russia also gives scholarships to many Nigerians annually to study in the country and will continue to support in the education sector,” he added.

The envoy, however, called on Nigeria’s 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.

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