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
FEATURED31 minutes ago

‎South Africa to Bill Nigeria, Other Nations for Deportation Costs of Undocumented Migrants

FEATURED37 minutes ago

June 12: Leadership is a Trust Bestowed by the People – Okowa Reminds Politicians on Democracy Day

sowore
FEATURED1 hour ago

‎Panic as Sowore Collapses During Police-Protester Clash at Abuja Democracy Day Rally

FEATURED2 hours ago

‎Musk Becomes World’s First Trillionaire as SpaceX IPO Shatters Records ‎

FEATURED3 hours ago

‎Democracy Day Protest: Civil Society Groups Rally in Lagos Over Insecurity, Economic Hardship

FEATURED3 hours ago

‎Police Recover Hijacked Tanker in Oyo as Suspects Flee Amid Security Dragnet

FEATURES4 hours ago

YEMI CARDOSO LEADS THE CBN TO GLOBAL ACCLAIM, BY TONI KAN

COMMUNITY REPORT10 hours ago

Warri NUJ Calls for Speedy Revitalization of Warri Port, Hails Edo/Delta Customs Command for Crushing 2025 target with ₦125.13bn Revenue

FEATURED11 hours ago

Court Remands Four Suspects Linked to Effurun Motor Park Gun Incident in Ogwashi-Uku Prison

METRO11 hours ago

Police Bust Fraud Syndicate, Recover 1,600 Counterfeit Dollar Bills in Delta

FEATURED11 hours ago

Warri Delineation Crisis: Tinubu Directs Ijaw, Itsekiri, Urhobo Leaders to Agree on Power Sharing Formular, Embrace Compromise

FEATURED12 hours ago

‎Democracy Day: Tinubu Vows No Mercy for Terrorists, Reaffirms Commitment to National Security ‎

FEATURED13 hours ago

‎Democracy Day: Criticise Me, But Never Lose Faith in Nigeria — Tinubu

FEATURED13 hours ago

June 12: Oborevwori Hails Nigerians for Their Unwavering Commitment to Democratic Ideals

FEATURED15 hours ago

‎EFCC Arrests Airport Security Officer, 2 Others Over Alleged N4.4bn Gold Smuggling Syndicate in Kano

Advertisement
Advertisement

z

   


Article Banner