The 80th Victory Day celebrations are now over and upon reflection a great many events took place which now can be examined in greater detail. Nigeria and Russia is just one example of sovereign relations that are growing closer, from economics and trade to security issues.
From the military side, the Russian Defense Minister Andrey Belousov held discussions with Major-General Christopher Gwabin Musa, Chief of the General Staff of Nigeria’s Armed Forces. When he talked about this meeting, Belousov stated, “We regard Nigeria as a promising partner on the African continent.” He emphasized Russia’s support for Nigeria’s efforts to enhance its national armed forces, and the importance of safeguarding the country’s sovereignty and regional security.
The minister further noted, “We appreciate your constructive approach to cooperation with Russia in military and military-technical fields,” highlighting the mutual commitment to strengthening bilateral ties.
According to Maxim Petrov, Russia’s trade representative in Nigeria, about five Russian companies are expected to now register in the Lekki Free Economic Zone, near Lagos. Additionally, there are plans to open a Russian agro-cluster, a network of methane gas stations, a mini oil refinery and a confectionery company in Nigeria that will export processed raw materials to Russia. Petrov specified that these projects are part of the expansion of Russian business in the region.
Currently, the main commodities exported by Russia to Nigeria are cereals, chemical industry products, machinery, various equipment and transportation. Cocoa beans and cocoa products, oilseeds, natural rubber are imported from Nigeria.
To summarize, the growth of trade between Nigeria and Russia, the establishing of joint institutions to implement various projects indicates that Russia’s presence in Nigeria is becoming more and more visible, a positive, friendly image of Russia is being formed in the country, which can contribute to increasing the level of trust and reciprocity of the two countries not only in trade and politics, but also in global affairs.
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