Skip to main content

Putin woos African countries by forgiving $23 billion debt

Russia will also assist in opening new African embassies and consulates in Russia.

Vladimir Putin, Russian President, says the Russian Government has written off $23 billion debt burden of African countries.

Putin spoke at the plenary session of the second Russia–Africa Summit 2023 holding from July 27 to July 28.

He said Moscow would allocate an additional $90 million for these purposes.

Putin said Russia was advocating expansion of representation of African countries in the UN Security Council and other UN structures.

"Russia and Africa strive to develop cooperation in all areas and strengthen 'honest, open, constructive' partnership.

"Russia will also assist in opening new African embassies and consulates in Russia," he said.

According to him, the reopening of embassies in Burkina Faso and Equatorial Guinea is going as planned.

He said sovereignty was not a one-time achieved state and it must be constantly protected.

Putin also offered assistance to Africa in countering threats such as terrorism, piracy, and transnational crimes adding that it would continue to train personnel from African countries.

He assured that Russian businesses have a lot to offer partners from Africa.

Putin said transition to national currencies and the establishment of transport and logistics chains would contribute to the increase in mutual trade turnover.

"Russia is ready to provide trade preferences to Africa, support the creation of modern production sectors, agricultural sector, and provide assistance through relevant international structures and agencies.

"Russia will always be a responsible international supplier of agricultural products," he said.

ridoola.blogspot.com.ng
Labels:

Comments

Post a Comment

Popular posts from this blog

Okpebholo suspends A-G & LG Chair under 3 months over finance dealings

The Edo Government has announced the suspension of Samson Osagie , its Attorney-General and Commissioner for Justice, and Damian Lawani , chairman of the Local Government Service Commission. Mr Musa Ikhilor , Secretary to the State Government (SSG) announced the suspension in a statement in Benin on Thursday morning. ALSO READ: Kano Govt suspend 2 school principals for alleged absenteeism, negligence Ikhilor said the two-state top officials were suspended over allegations of “grave official and financial interactions”. Okpebholo suspends Edo Attorney-General and LG Service Commission Chairman According to him, the suspension, which takes immediate effect, is pending the conclusion of an investigation into the allegations. The SSG said; It is hereby announced for the information of the general public that Gov. Monday Okpebholo has approved the suspension from office of the Chairman of Edo Local Government Service Commission, Damian Lawani and Commissioner for Justice, Samson Os...
Post a Comment
Read more

Tinubu appoints MKO Abiola's son, Jamiu as SSA on Linguistics & Foreign Matters

President Bola Tinubu has appointed Jamiu Abiola as the Senior Special Assistant to the President on Linguistics and Foreign Matters. The appointee is one of the children of the late Chief Moshood Kolawole Abiola , the winner of the 1993 presidential election annulled by General Ibrahim Babangida . According to a statement by Segun Imohiosen , the Director of Information and Public Relations, Office of the Secretary to the Government of the Federation on Wednesday, November 27, 2024, Jamiu's appointment took effect from November 14, 2024. Imohiosen said the appointment aligns with the provisions of the Certain Political and Judicial Office Holders (Salaries and Allowances, etc) Act 2008, as amended. Until his recent deployment, the appointee served as the Special Assistant to the President of Special Duties in the office of the Vice President. Tinubu tasked Jamiu to work closely with the Federal Ministry of Foreign Affairs and bring his wealth of experience to bear in his new ...
Post a Comment
Read more

Protesters block East-West road in Rivers, demand action on poverty & hunger

The protesters chose to spotlight the East-west road in the expression of their anger over hunger, poverty and infrastructure deficit in the supposed viable business area. The ongoing nationwide protest, on Monday, spread to the Eleme/Onne section of the East/West Road of Rivers as a large crowd of protesters stormed the popular section connecting the Port Harcourt refineries. The News Agency of Nigeria (NAN) reports that the Akpajo axis of the East-West Road, up to the entrance leading to Indorama Petrochemicals, was taken over by angry protesters, who disrupted free vehicular movements. The East-west road is a major route connecting Port Harcourt city to key business facilities, like the Onne seaport, Port Harcourt refineries, Indorama Petrochemicals and more than six Local Government Areas of the state. The protesters, who carried on their activities peacefully, displayed placards with inscriptions, expressing dissatisfaction over the pervasive poverty, hunger and high cost of ...
Post a Comment
Read more