Russia to increase grain and fertilizer exports to Nigeria

Published 2024년 12월 20일

Tridge summary

Russian exports of grain crops and mineral fertilizers to Nigeria are expected to increase several fold in the next few years, with wheat and corn being the main goods currently supplied. Nigeria is also expected to increase its supplies of nuts, sesame, hibiscus tea, and spices to Russia. The Russian trade representative in Abuja, Maxim Petrov, sees the development of logistics and processing infrastructure as a key issue for future cooperation. Russia is already one of the top ten economic partners of Nigeria and aims to enter the top five in the next three years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russian exports of grain crops and mineral fertilizers to Nigeria should increase several times in the next few years, including, for some items, threefold. This was stated by the Russian trade representative in Abuja (the capital of the African country – ROSNG) Maxim Petrov to TASS. He recalled that the main goods that are already supplied from Russia to the Nigerian market are wheat and corn. The largest items of bilateral trade turnover in general are grain, fertilizers and oil products. The trade representative also expects that Nigeria, in turn, will soon increase supplies of nuts, sesame, hibiscus tea and spices to Russia. The ambassador said that Nigeria is currently a potential and desirable consumer of Russian agricultural products. In this regard, according to him, in the next 2 years, the key issues of cooperation will be the development of logistics and processing infrastructure on its territory. He noted that this will allow our country to become a "full-fledged ...
Source: Rosng

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