At Moscow summit, Nigeria woos Russian investors and calls for local-currency trade

At the Third Russia-Africa Summit at the Grand Kremlin Palace, Nigeria’s Minister of State for Foreign Affairs, Sola Enikanolaiye, called for political ties with Russia to produce practical economic cooperation. He invited Russian investors to explore opportunities in Nigeria’s energy, solid minerals, agriculture, manufacturing, pharmaceuticals and digital sectors, and advocated cross-border payment systems and local-currency trade settlement. Enikanolaiye also urged partnerships in infrastructure, digital technology and food security, emphasizing technology transfer, capacity building and stronger domestic food production.