• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Monday, October 5
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      CAF confirms December 7 date for 2026 Awards in Lagos

      Sports October 3, 2026
      Recent

      CAF confirms December 7 date for 2026 Awards in Lagos

      October 3, 2026

      Kidnappers demand N1bn ransom for 20 corps members

      October 3, 2026

      Woman seeks divorce as husband accuses her of getting pregnant for lover

      October 3, 2026
    1. News
      1. Photo News
      Featured

      Group charges Osun Government on full Implementation of Disability Law

      News October 4, 2026
      Recent

      Group charges Osun Government on full Implementation of Disability Law

      October 4, 2026

      World Teachers’ Day: FG set to reward outstanding teachers with car gifts

      October 4, 2026

      “Shun Drug Abuse, It Kills Morality” – Marwa Tells Youths at NASFAT Conference

      October 4, 2026
    2. Politics
        Featured

        2027: Tompolo rallies Taraba for Tinubu, donates 25 campaign vehicles

        Politics October 3, 2026
        Recent

        2027: Tompolo rallies Taraba for Tinubu, donates 25 campaign vehicles

        October 3, 2026

        2027: Tinubu’s reforms yielding results, require consolidation – Tompolo

        October 2, 2026

        At 66, Nigeria on the path to a stronger, more prosperous nation – Yilwatda

        October 1, 2026
      1. Business
          Featured

          T.Pumpy Unveils Land Prices For Karsana Phase 5

          Business October 3, 2026
          Recent

          T.Pumpy Unveils Land Prices For Karsana Phase 5

          October 3, 2026

          NANS Backs Insurance Sector’s Transformation Agenda, hails NAICOM

          October 1, 2026

          Nigeria @66: Booming Banks, Struggling Nation, Where Is the Promised Prosperity?

          October 1, 2026
        1. Crime & Security
            Featured

            Kidnappers torture 20 NYSC members, cut ransom to N5m each

            Crime & Security October 4, 2026
            Recent

            Kidnappers torture 20 NYSC members, cut ransom to N5m each

            October 4, 2026

            Missing woman found in man’s house, arrested for alleged rape

            October 4, 2026

            NDLEA intercepts over N5bn drugs at ports, arrests Milan-bound businessman

            October 4, 2026
          1. Sports
              Featured

              Friendly: Club restrictions, injuries weaken Super Eagles ahead of Russia clash 

              Sports October 4, 2026
              Recent

              Friendly: Club restrictions, injuries weaken Super Eagles ahead of Russia clash 

              October 4, 2026

              Ajasa gets late Super Eagles call-Up for Russia friendly

              October 4, 2026

              29 Days to AACT 2026: IBB Renovation Underlines Nigeria’s Commitment to Hosting Africa

              October 4, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » Nigeria-Russia trade: Saraki tasks private sector on growth up
            News

            Nigeria-Russia trade: Saraki tasks private sector on growth up

            Ayo OyeBy Ayo OyeSeptember 28, 2021No Comments3 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email

            Warning: Attempt to read property "post_excerpt" on null in /home/promptne/public_html/wp-content/themes/smart-mag/partials/single/featured.php on line 62

            Warning: Trying to access array offset on value of type bool in /home/promptne/public_html/wp-content/themes/smart-mag/partials/single/featured.php on line 68
            Share
            Facebook Twitter LinkedIn Pinterest Email

             A former Senate President, Dr Bukola Saraki, has called on the private sector to strive hard to grow Nigeria’s economy, in the light of the country’s trade relations with Russia.

            The former Senate President made the call on Tuesday in Abuja during the official inauguration of Nigeria-Russia Chambers of Commerce and Industry.

            He urged the private sector to take opportunity of the inauguration to deliver the country from the shackles of  economic mishaps.

            According to him,  Nigeria has been yearning for a close trade relationship with countries with better economies.

            He noted that the country needed a platform like the inauguration of Nigeria-Russia Chambers of Commerce and Industry for businesses  to grow.

            “This is a beginning of a new page.

            The private sector must seize this opportunity to grow Nigeria’s business environment,” he said.

            In his welcome remark, President of the Nigeria-Russia Chambers of Commerce and Industry, Chief Obiora Okonkwo, noted the low volume of trade between Nigeria and Russia.

            He stated that Nigeria ought to be the number one trade partner of Russia in Africa, going by enormous resources available in the country.

            According to Okonkwo, Russia did what they were supposed to do in the Ajaokuta steel company in the 70s when Nigeria first established trade relations with the European country.

            The News Agency of Nigeria (NAN) reports that Okonkwo is the governorship candidate for Zenith Labour Party in the Nov. 6 Anambra governorship election.

            He noted that Nigeria lacked sustainability and maintenance  culture which had resulted in the dilapidation of the Ajaokuta steel company.

            “Russia trained a lot of Nigerians back then.“We are happy today that the Russians are hungry to start dealing with Nigeria again.

            “If am able to win the governorship seat in Anambra , we are going to open the state to Russia for the development of the state, in terms of trade relationship,” he said.

            Also, Dr Uchechukwu Ogah, Minister of State for Mines and Steel, expressed delight over  Russia’s willingness to renew the trade relationship with Nigeria.

            He said that Nigeria had been in the need of the relationship, adding that such would help Nigeria get closer to the realisation of its potential.According to Ogah, Nigeria is eager to see Ajaokuta Mines and Steel company come back to life fully.

            He noted that when back fully, the steel company would create 500, 000 jobs for the country.

            Ogah stated that Nigeria had over 44 mineral resources, which he called minerals of the future, that would benefit the country in so many ways

            “Nigeria has so much potentials in terms of mineral resources.

            Within the shortest possible time, we want to come out of our commatose mineral challenges in terms of exploitation.

            “We are glad for this relationship, we will support this relationship from our ministry to ensure it sees the light of the day,” he said .Amb. Oleg Ozerov, Russia Envoy/Head of Russia delegation, noted that Nigeria had a lot of people with the energy to make the trade relationship work.

            Ozerov stated that Russian companies were ready to provide competency, urging Nigerians to make the potential of the Nigeria-Russia trade relationship a favourable one.

            “We need each other. This association must work together. We could build cooperation in different fields and not only in oil and gas,” he said. (NAN) 

            Anambra Governorship Election Bukola Saraki economy Governors Governorship Election Labour Party Russia Saraki
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleEx-Oyo ALGON Chairman urges Makinde to honour Supreme Court’s judgment
            Next Article First Lady, Aisha Buhari, IGP, Pinnick, others for 8th Nigeria Pitch Awards
            Ayo Oye

              Related Posts

              Group charges Osun Government on full Implementation of Disability Law

              October 4, 2026

              World Teachers’ Day: FG set to reward outstanding teachers with car gifts

              October 4, 2026

              “Shun Drug Abuse, It Kills Morality” – Marwa Tells Youths at NASFAT Conference

              October 4, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • Group charges Osun Government on full Implementation of Disability Law
              • World Teachers’ Day: FG set to reward outstanding teachers with car gifts
              • Kidnappers torture 20 NYSC members, cut ransom to N5m each
              • Nigeria’s Power Problem Is Real; So Is The Progress Under Tegbe, By Tony Erha
              • BBNaija S11: Temi Nkem Emerges Winner

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

              Type above and press Enter to search. Press Esc to cancel.