Meeting between Alexander Novak and Nigeria’s Minister of Finance and Coordinating Minister for the Economy Olawale Edun
Meeting between Alexander Novak and Nigeria’s Minister of Finance and Coordinating Minister for the Economy Olawale Edun
Deputy Prime Minister of the Russian Federation Alexander Novak held a meeting with Nigeria’s Minister of Finance and Coordinating Minister for the Economy Olawale Edun.
“Russia highly values the friendly nature of Russian-Nigerian relations, which are grounded in the principles of mutual respect and shared approaches to pressing issues on both the international and regional agenda. We regard Abuja as a promising partner on the African continent,” Alexander Novak underscored as he opened the negotiations.
The discussions encompassed full-cycle cooperation in the oil and gas sector – ranging from geological exploration to field development – along with collaboration in energy, industrial equipment supplies, and the financial and banking sectors.
Special attention was given to cooperation and coordination efforts within the Gas Exporting Countries Forum (GECF) and OPEC+. The Deputy Prime Minister reaffirmed Russia’s unwavering commitment to advocating for the legitimate interests of gas exporters in global energy markets.
“Our joint work within OPEC+ makes a decisive contribution to ensuring stability and predictability in the global oil market. The decisions taken are based on real market indicators and trends, and are aimed at restoring balance amidst ongoing economic challenges. We believe that our collective actions within OPEC and OPEC+ serve long-term national interests and contribute to the strengthening of our economies,” Alexander Novak concluded.
