Tech

Nigeria signs MoU with Russia on geosciences

Abuja – The Federal Government has signed a Memorandum of Understanding (MoU) with the Russian Ministry of Trade and Investment on scientific and technical cooperation in geosciences.

Russia RAIL NNPC, Russian oil company, Lukeoil sign MoU
NNPC, Russian oil company, Lukeoil sign MoU

Mr Ayodeji Adeyemi, Special Assistant to the Minister of Mines and Steel Development on Media, said this in a statement on Friday in Abuja.

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Adeyemi said Mr Olamilekan Adegbite, the Minister of Mines and Steel Development, signed the MoU in Sochi, Russia, at the Russia-Africa summit.

According to him, the African Export Import Bank is a party to the MoU which is for scientific and technical cooperation in the field of between the two countries.

He said Sergey Gorkov, Chief Executive Officer and State Geological Holding (ROSGEO) and Gerald Chilhota, who represented the President of African Export-Import Bank, witnessed the signing of the MoU.

“The purpose of the MoU was to express the commitment of the parties to conduct activities in the fields of on the basis of equality, reciprocity and mutual benefit.

“The MoU spelt out the forms of cooperation include exchanges of scientific and technical information; exchange of study visits and scientists.

“The agreement included collaboration on research activities, joint of symposia, conferences, workshops, training and other forms of cooperation as may be mutually agreed between the parties.

“The MoU also spells out areas of cooperation include research and development basic geology, geological compilation and regional correlation, methodology and technology, among others,’’ he said.

The minister said that President Muhammadu Buhari had given so much support in the Nigeria’s mining sector which is now bearing fruits.

The statement also quoted Dr Abdulrazaq Garba, NGSA Director-General, saying that the signing of the MoU was another dimension to the ministry`s success and its effort towards achieving international collaborations. NAN)

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