Uralchem to Develop Cooperation with Nigeria


Source: Uralchem JSC

Uralchem JSC is preparing to open its representative office in Nigeria in the near future. Plans for the development of cooperation between Russia and Nigeria were discussed in Moscow at a meeting at the Russian Chamber of Commerce and Industry.

Dmitry Konyaev, Chairman of the Board of Directors, Uralchem JSC, Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation, and Professor Abdullahi Y. Shehu, Nigeria’s Ambassador to Russia, attended the session.

Elected in May 2021 as the new chairman of the Russia-Nigeria Business Council, Dmitry Konyaev told the attendees that Uralchem intends to open an office in this country. Also, Nigeria plans to build a plant and launch its own production at a local site. Dmitry Konyaev believes that such intentions are due to the great potential of the Nigerian market for the supply of mineral fertilizers.

Nigeria is the largest market in Africa. Local agriculture must meet the ever-growing demand for food, for which it has to use modern fertilizers and advanced technologies. For Uralchem and Uralkali, Nigeria is a strategic market. Today we are preparing to implement a joint project for the production of fertilizers with a Nigerian partner,” Dmitry Konyaev said.

In addition to developing bilateral relations in the field of economics and business, Dmitry Konyaev highlighted the importance of sharing experience in such areas as science and agriculture. One of the tools for developing cooperation can be education and practical training for students from Nigeria in Russian agricultural universities.

In turn, Ambassador Abdullahi Y. Shehu noted the maintaining of stability between the two countries. The diplomat showcased Uralchem as a positive example of mutually beneficial and active cooperation and invited other Russian companies to actively participate in the development of relations not only through the export of their goods but also through their production in Nigeria.

Note that the representatives of Uralchem and Uralkali Trading as participants of the Association for Economic Cooperation with African Countries (AECAS) are planning a business trip to African countries, including Nigeria and Ghana, in the end of September 2021. The visit will be supported by Oleg Ozerov, the representative of the Russian Foreign Ministry, head of the Secretariat of the Russia-Africa Partnership Forum, Ambassador-at-Large to the Federal Republic of Nigeria (Abuja). During the trip, meetings with representatives of the business community and government agencies of the country are scheduled.