Russia To Revitalise Ajaokuta Steel

Ajaokuta Steel Company

The Russian Ambassador to Nigeria, Mr Nikolay Udovichenko, said his country would support Nigeria in resuscitating the moribund Ajaokuta Steel Company to ensure rapid industrialisation of the country.

He stated that Russia was to 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 in Abuja. He noted that a team of Russian engineers were ready to inject new technology into the steel mill to make it functional, 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,” he said.

The envoy further stressed that Russia is also ready to partner Nigeria in restoring new technology in the oil and gas.

He noted:“Russia also gives scholarships to many Nigerians annually to study in the country and will continue to support in the education sector.’’

However, he called on Nigeria’s businessmen to take advantage of the cordial relationship between the two countries to strengthen the trade relations between them.

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