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
FEATURED2 hours ago

N’Assembly Clerk Warns Against Lobbying for Promotions, Cites Risk of Legal Battles

secure number one position
FEATURED5 hours ago

Police Rescue One-Month-Old Baby Allegedly Sold for N2m in Oyo, Arrest Mother, Clinic Owner

FEATURED5 hours ago

CAN Honours Oborevwori With Christian Icon Award At 50th Anniversary

FEATURED5 hours ago

Buhari Offered to Back Osinbajo’s Presidential Bid Four Times, Akande Counters Babachir Lawal

NEWS9 hours ago

DOPF 2026 Conference: Oborevwori To Attend As Obukoadata, Chiazor, Imegwu Lead Panel In Asaba

NIGER DELTA19 hours ago

Oborevwori’s CPS Ahon Meets New Delta NUJ Exco, Calls For Closer Synergy With Government

FEATURED22 hours ago

Full List: Tinubu Nominates 4 New INEC Commissioners, 2 RECs — See Names, States

BUSINESS23 hours ago

NNPC Confirms Rivers Pipeline Explosion, Residents’ Homes and Businesses Damaged

FEATURED1 day ago

Police Raid Cult Anniversary Party in Asaba, Arrest 95 Suspected Cultists, Recover Pump-Action Guns

FEATURED1 day ago

Aircraft Loses Door Minutes After Take-Off From Abuja, Makes Emergency Landing

FEATURED1 day ago

Umahi Orders Reconstruction Of Benin-Asaba Highway, Reopens First Niger Bridge With CCTV, Solar Lights

FEATURED2 days ago

Minimum Wage: NLC, FG Clash Over Timing of Fresh Wage Review

FEATURED2 days ago

Yahaya Bello Fraud Trial: BDC Operator Reveals How N1.425bn Was Used To Pay Bello Children’s School Fees At AISA

COMMUNITY REPORT2 days ago

Dokubo-Asari To Be Crowned Amanyanabo Of The Source Dec 19, As Tonye Princewill Chairs Coronation Committee

BUSINESS2 days ago

Ebenco Refinery Gets NMDPRA Approval To Introduce Hydrocarbons, Advances To Commissioning

Advertisement
Advertisement

z

   


Article Banner