Nigeria's Enikanolaiye Advocates for Stronger Ties with Russia

Nigeria's Minister Enikanolaiye advocated for stronger economic ties between Nigeria and Russia, emphasizing the importance of improved banking channels, payment arrangements, and financial infrastructure to facilitate business. He called for Russian partnerships in infrastructure projects across transportation, energy, and telecommunications, aiming to enhance regional connectivity and support the African Continental Free Trade Area (AfCFTA).

Enikanolaiye stressed the need for cooperation in agriculture to address vulnerabilities in food systems and supply chains, proposing collaboration in agricultural technology and production. He reaffirmed Nigeria's commitment to peace and security in Africa, identifying threats such as terrorism and cybercrime that require coordinated responses.

The Minister also supported reforms in the United Nations Security Council to ensure Africa's rightful representation and invited Russian businesses to explore investment opportunities in Nigeria, highlighting sectors like energy, agriculture, and digital services. He expressed Nigeria's interest in developing local-currency settlement mechanisms with Russia and advocated for a multipolar world order.