Skip to content
September 8, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • 250 Nigerian Businesses for Africa Economic Forum in Sochi, as Buhari arrives for summit
  • National News

250 Nigerian Businesses for Africa Economic Forum in Sochi, as Buhari arrives for summit

Admin October 22, 2019

President Muhammadu Buhari

The Presidency says about 250 Nigerian businesses will participate in the African Business Forum, which will bring together African and Russian business leaders in Sochi, Russia, between Oct. 23 and Oct. 25.

Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, disclosed this in a statement in Abuja on Tuesday.

According to the presidential aide, the forum will be held during the Russia–Africa Summit to enhance Russian investments in Africa, and promote African business interest in the host country.

“It is important that this meeting is taking place at this time. All the big economies are picking stronger interest in Africa”.

“We now have US-Africa Summit, India-Africa Summit, China-Africa Summit and Japan-Africa Summit, so Russia has signified its interest for political, cultural and economic partnership”.

“Nigeria has had an excellent relationship with Russia over the years. We will not forget how the country assisted us in keeping Nigeria as one during the civil war when some of our traditional allies deserted us,’’ he said.

He noted that Russia had also stood behind Nigeria in the fight against terrorism, Boko Haram and ISWA, and had also demonstrated its capacity in gas production, “a resource which Nigeria has a huge potential of utilising.’’

Shehu, who also confirmed the arrival of President Muhamamdu Buhari for the event on Monday, said the three-day inaugural Russia-Africa Summit and Economic Forum would focus on peace, security and development.

He said the summit would look into issues of sustainable energy, mines and steel, infrastructure development in Africa, nuclear energy and trade and investment.

On security, the Senior Special Assistant said the meeting would come up with proposals for a security architecture driven by new technology.

The Economic Forum and Summit would hold between Oct. 23 and Oct. 24,, with four plenary sessions to be attended by more than 30 African Heads of State and governments.

This included the Chairman of the African Union and President of Arab Republic of Egypt Abdel Fattah el-Sisi.

The summit would be co-chaired by President Vladimir Putin, with a keynote address at the opening on Wednesday, and el-Sisi.

Buhari and Putin will meet at the Nigeria and Russian bilateral meeting on Oct. 23 while the Nigerian leader will make a statement at the summit on Oct. 24.

Other participants at the summit that will showcase Russian interest and investment potential in Africa include businessmen, experts, investors, leaders of major sub-regional associations and organisations.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Boko Haram Garba Shehu Muhammadu Buhari

Post navigation

Previous We have made progress in trade talks with U.S – Chinese vice foreign minister 
Next Scientists question mass tree planting as climate change panacea

Related Stories

NDLEA Ondo Command Seizes Over 5.3 Tonnes of Illicit Drugs, Arrests 59 Suspects
  • National News

NDLEA Ondo Command Seizes Over 5.3 Tonnes of Illicit Drugs, Arrests 59 Suspects

September 8, 2026
UNESCO says 739m adults lack basic literacy skills 
  • National News

UNESCO says 739m adults lack basic literacy skills 

September 8, 2026
Nigerian Troops Neutralise ISWAP Attack on Military Base in Borno Troops
  • National News

Nigerian Troops Neutralise ISWAP Attack on Military Base in Borno

September 8, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NDLEA Ondo Command Seizes Over 5.3 Tonnes of Illicit Drugs, Arrests 59 Suspects
  • National News

NDLEA Ondo Command Seizes Over 5.3 Tonnes of Illicit Drugs, Arrests 59 Suspects

September 8, 2026
UNESCO says 739m adults lack basic literacy skills 
  • National News

UNESCO says 739m adults lack basic literacy skills 

September 8, 2026
Nigerian Troops Neutralise ISWAP Attack on Military Base in Borno Troops
  • National News

Nigerian Troops Neutralise ISWAP Attack on Military Base in Borno

September 8, 2026
NAFDAC mops up 7,210 regulated products in nationwide surveillance health
  • National News

NAFDAC mops up 7,210 regulated products in nationwide surveillance

September 7, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.