• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Nigerian official considers hydrocarbon partnership with Russia a good idea

Simon Osuji by Simon Osuji
September 5, 2024
in Business
0
Nigerian official considers hydrocarbon partnership with Russia a good idea
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Nigeria’s director general of the Women Chamber of Commerce Industry, Mines, and Agriculture Weyinmi Eribo, disclosed to the Russian newspaper Sputnik during an interview on the sidelines of the Eastern Economic Forum in Vladivostok, that she believes that Nigeria would benefit from partnering with Russia for hydrocarbon exploration, as Russian companies possess the advanced technology and extensive experience needed to optimize operations in this sector.

“I think that it will only make sense to involve Russia. I mean, Russia is a world power when it comes to oil production. And in Africa, Nigeria is, so it just makes sense for world powers to come together,” she said during the interview.

You have the technology, you have the experience, you have the know-how, you have the impact, you have the money to be able to move that conversation forward. So I mean, off the top of my head, I would expect that Russian companies are part of that conversation,” she added.

The director general elaborated on the belief that Nigeria would benefit greatly from a potential partnership with the Kremlin, including in the aiding of female entrepreneurs across Africa.

“I believe that there’s so much that we can harness from the Russian ecosystem, from the Russian economy, that we can take back to Nigeria, especially for the women entrepreneurs … We can have women-owned Russian companies coming to Nigeria for a meeting to understand,” she explained.

“We can have Nigerian women coming into Russia to understand the businesses that are here. How do we want to facilitate that? So, I’m sure that we’re able to just build a stronger value chain across Nigeria and in Russia.”

The Eastern Economic Forum which began on Tuesday will continue till Friday.

Source link

Related posts

Intel Stock Jumps 2.5% After 6% Drop: Time to Assess the Real Risk

Intel Stock Jumps 2.5% After 6% Drop: Time to Assess the Real Risk

February 12, 2026
The story of the Drakensberger beef cattle breed’s evolution in Africa

The story of the Drakensberger beef cattle breed’s evolution in Africa

February 12, 2026
Previous Post

Nigeria to let Dangote Refinery control petrol prices

Next Post

Here’s how niche AI assistants are helping unlock the technology’s true capabilities

Next Post
Here’s how niche AI assistants are helping unlock the technology’s true capabilities

Here’s how niche AI assistants are helping unlock the technology’s true capabilities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Mozambique to begin production of domestic cooking gas in 2026

Mozambique to begin production of domestic cooking gas in 2026

7 months ago
$100,000 in prizes will allow museums, hotels and others to acquire works at Expo Chicago in 2024

$100,000 in prizes will allow museums, hotels and others to acquire works at Expo Chicago in 2024

2 years ago
As Army narrows field for its flight-school outsourcing contract, Congress says: not so fast

As Army narrows field for its flight-school outsourcing contract, Congress says: not so fast

1 month ago
DJI Mic 2 Review: A Powerful Lav Replacement

DJI Mic 2 Review: A Powerful Lav Replacement

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.