Connect with us

BUSINESS

Nigeria Enters Into Nuclear Development Agreements With Russia

Published

on

Russia and Nigeria has signed agreements on construction and operation of a Nuclear Power Plant and a Research Center housing a multi-purpose nuclear research reactor on the territory of Federal Republic of Nigerians.

The parties also signed a roadmap for cooperation in the field of peaceful usage of nuclear technologies.

On behalf of Rosatom the documents were signed by Anton Moskvin, Vice president for Marketing and Business Development of Rusatom Overseas (a part of the State Atomic Energy Corporation Rosatom).

Mr. Simon Pesco Mallam, Chairman of the Nigeria Atomic Energy Commission signed in behalf of Nigeria.

“The development of nuclear technologies will allow Nigeria to strengthen its position as one of the leading countries of the African continent.

These are the projects of a large scale and strategic importance, that will determine the relationship between our two countries in the long term”, emphasized Anton Moskvin.

Advertisement
Article Banner

The feasibility studies for the Nuclear Power Plant project and the Research Center construction will include site screening, as well as the determination of key parameters of implementation, including; capacity, equipment lists, time frames and stages of implementation, as well as financing schemes.

The two countries started their partnership in 2009 by executing an intergovernmental agreement on cooperation in the field of the peaceful usage of nuclear technologies. 

Further on, intergovernmental agreements on cooperation in design, construction, operation and decommissioning of the Nuclear Power Plant and the Nuclear Research Center housing a multi-purpose nuclear research reactor were signed.

 

 

 

Advertisement
Article Banner

 

Continue Reading
Advertisement
Click to comment
Defense and Security9 hours ago

IGP Deploys DIG, 2 CPs to Imo as Police Intensify Search for Abducted Corps Members, 18 Others

FEATURED1 day ago

If Fuel Price Drops To ₦600, I’ll Dump Atiku And Campaign For Tinubu – Rotimi Amaechi

FEATURED1 day ago

Customs, Stakeholders Renew Commitment To Blue Economy At Onne Port

NEWS2 days ago

Oborevwori Mourns As Delta Elderstatesman, Mike Adiotomre, Dies At 88

BUSINESS2 days ago

USCIS to Increase Asylum, Work Permit Fees From October 16, 2026 — See New Rates

FEATURED2 days ago

EFCC Secures Final Forfeiture Of 431 Phones From Convicted Chinese Cyber-Fraudsters In Lagos

FEATURED2 days ago

How Warri Youths Shut Down Effurun With 5km Run For Tinubu, Oborevwori

secure number one position
FEATURES2 days ago

Man Arrested for Allegedly Macheting Father to Death in Rivers

FEATURED2 days ago

Tompolo, Otuaro Focused on Socio-Economic Empowerment, Not Critics – Niger Delta Group Replies Ezekiel

Nigerian content
BUSINESS2 days ago

Nigeria At 66: Chevron Says 90% Of Workforce Nigerians, Reaffirms Partnership With Nigeria

BUSINESS2 days ago

Made-In-Nigeria: Harvestfield Begins Local Production Of Next-Gen Mosquito Nets In Ogun

FEATURED3 days ago

Independence Day: Nation-Building Is Our Shared Responsibility – Okowa

FEATURED3 days ago

Oborevwori Deploys Julius Berger to Repair Collapse Agbarho Section of East-West Road

FEATURES3 days ago

Nigeria @66: Otti Urges Nigerians to Reject Vote-Selling, Ethnic Sentiments

FEATURED3 days ago

Drama at PTI Junction as Delta Youths Tear ‘Soft Nigeria’ Polos With Tinubu Face, Chant Obi

Advertisement
Advertisement

z

   


Article Banner