President Muhammadu Buhari and the Russian President, Vladimir Putin, have agreed to put the Nigeria-Russia relations on a fast track with the signing of agreement on security and military cooperation.
Presidential spokesman, Mr. Garba Shehu said in a statement that the two leaders inked the deal yesterday at the Russia-Africa Summit held in Sochi, Russia.
He said Buhari agreed to renew the Nigeria-Russia Military Technical Agreement that had lapsed within a short time.
He said the president had directed the minister of defence to work with the ministry of justice to “conclude this matter within the shortest possible time.”
He said the military cooperation agreement would give impetus to further cooperation in direct procurement of military hardware on a government-to-government basis at a lower cost as well as training of the military personnel and modernisation of armed forces and renewal of infrastructure and equipment which President Putin promised to undertake.
Both leaders also agreed on the advancement of ongoing projects for the establishment of a nuclear power plant in Nigeria with Putin submitting that the next step in the implementation of the project would be the commencement of the construction of a power plant.
Besides, the two leaders agreed to start new infrastructure projects and expand trade and investment, security and military cooperation.
It also said both leaders signed agreement to work together to improve efficiency of Nigeria’s oil sector, which it described as the backbone of the economy, in a way that will see to rehabilitation of epileptic oil refineries through establishment of framework for a joint venture between the Nigerian National Petroleum Corporation (NNPC) and Russia-based leading oil company, Lukoil.
Stating that NNPC and Lukoil will work towards prospection of oil in deep offshore, the statement said Nigeria and Russia also agreed to revive and solidify the venture between the NNPC and Russia’s gas giant, Gazprom, for the development of Nigeria’s enormous gas potential and infrastructure.
It also said Buhari raised the issue of uncompleted and abandoned Ajaokuta Steel Rolling Mill, requesting for the return of Russia to the project on a government-to-government relationship for the completion and commissioning of the plant and was promptly accepted by Putin.
The statement added that the Russian government agreed to support the development of Nigeria’s rail infrastructure by constructing 1,400 kilometres track from Lagos to the South-south city of Calabar.
The statement also said Buhari spoke on the protracted issue of the Aluminum Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State, saying he had asked the ministry of justice, “to submit a comprehensive report on the UC Russel (the Russian owners of the plant) matter…I want to assure you that the aim of our reforms is to ensure such investments are concluded and actualized in a professional and painless manner.”
Furthermore, Shehu said the two presidents addressed partnership in education and agriculture with Putin pledging to give additional scholarships to Nigerians.
“We seek your government’s support especially in the areas of wheat production. Today, Nigeria produces less than one hundred thousand metric tons of wheat locally while our imports are projected to exceed five million tons in 2020.
“We therefore need your support to bridge the deficit which will create jobs and save our foreign exchange for other important areas like security, defence and infrastructure,” Shehu quoted Buhari as saying.
Shehu also said Putin advised Nigeria to take advantage of Russia’s potassium resources to advance its local fertilizer production programme.
He promised his country’s support for the geological prospection of Nigeria’s solid minerals and gave assurances of working with Nigeria and other African countries to secure and stop the incidents of piracy in the Gulf of Guinea as done on Somali coastal areas.
“President Putin expressed further determination to secure Nigeria and the rest of Africa from terrorists. He told President Buhari that 2,000 ex-ISIS terrorists joined Boko Haram last year,” the statement added.
He also said Buhari suggested the need for “our country to organise the fifth Joint Commission meeting to review and ratify all the agreements (about 40) contained in the Intergovernmental Nigeria-Russia Joint Commission on Economic, Scientific and Technical Cooperation Protocol of November 11, 2016.”
In his response, he said Putin agreed to Buhari’s proposal, adding that “both leaders emphasised the need for reform of United Nations Security Council,” and “President Buhari asked Russia to support Nigeria’s aspiration for a permanent membership of the council.”