Although, the trade volume between Nigeria and Russia is still low, about less a billion dollars, both countries have reaffirmed commitment to boosting the trade volume significantly. According to her, the event is part of its bilateral engagement to promote trade and investment on national, continental and global levels. She added that the event was organised with the aim of strengthening the bilateral relationship between Nigeria and Russia while also exposing new investment opportunities in both countries. She noted that the Nigerian business landscape offers numerous opportunities for potential and existing investors intending to expand their investment commitments. Giving her remarks, the Minister Counselor, Economic Trade and Investment, Ms. Mercy Haruna, said the prospect of trade and economic cooperation between both countries through both outflow and the inflow of investment is very bright.

Source: The Guardian July 09, 2021 02:37 UTC