Nigeria/Russia Relations: The Missing Link

Image

By Hussaini Monguno

On November 15, 1884, 14 mainly European countries gathered in Berlin for a meeting which lasted to February 26, 1885. The aim of that conference was to split the continent of Africa and share it to the Europeans who were scrambling over it.

The countries represented were; Austria-Hungary, Belgium, Denmark, France, Germany, Great Britain, Italy, the Netherlands. Others included; Portugal, Russia, Spain, Sweden-Norway (unified from 1814 to 1905), Turkey, and the United States of America. Of these 14 nations, France, Germany, Great Britain, and Portugal were the major players in the conference, controlling most of Africa at the time.

Russia, though present at the conference, was not interested in the greedy project of acquiring Africa by force of arms. The Russians held firmly to the guiding principle of their policy as advocated by one of their founding fathers, V.I. Lenin who advocated equality and peaceful coexistence amongst all the peoples of the world.

It was this same message of equality of mankind that led Khrushchev (the former Soviet leader) to move a motion to end all forms of colonialism by 1960 at the plenary of the XVth session of the United Nations General assembly. The passage of the motion led to the crumbling of colonialism, and sovereign African states began to emerge one after another. Nigeria took its turn to gain independence in 1960.

The Soviet Union – precursor to Russian Federation – built into its foreign policy architecture a sensitive and positive response to assist Africa in building an egalitarian society for themselves.

In the case of Nigeria, the warm response from Russia was instant. Nigeria became independent on October 1, 1960. In less than two months – on November 25, 1960 – the two countries established diplomatic relations.

Foundation of Nigeria’s Foreign Policy

The founding fathers of Nigeria said the foreign policy of the country was based on Africa as its cornerstone. Ordinarily, this should have drafted Nigeria very close to the Russians who took it on themselves to fight for the decolonization of Africa. Ironically, this was not the case because the first Republic leaders were under the heavy influence of the colonial masters.

The colonial masters induced Nigerian leaders to launch heavy, unfriendly propaganda against Russia in Nigeria during the early and mid-1960s. In contrast to this, nations like the United Kingdom, the United States of America, France, Italy, Spain and other countries in Western Europe at large enjoyed positive propaganda which made them seem as ideal and friendly.

The system of governance in most African countries including Nigeria was fashioned after their former colonialists and gave preference to the interests of the colonial masters. With this mindset, the environment was not conducive to friendly Nigeria-Russia relations.

During the early 60’s, the main interest of the Soviet Union was to expand its political influence among the countries of Africa and have more states converted into socialist-oriented nations in the then ideologically polarized world that was popularly referred to as the cold war. Nigeria being a capitalist state was not inclined to change its orientation. Its colonial master and allies were opposed to Nigeria and any of its former colonies having cordial relationship with Russia which they came to identify as a strong iron curtain – not be allowed a space of further expansion in Africa. Any manifestation of or link to the communist ideology was met with censorship and repression.

But there was no let-up on the part of Russia. They seized every opportunity to advertise their goodwill to Nigeria. When the civil war broke out in Nigeria with the Eastern Region declaring itself an independent state of Biafra, it was Russia that came to bail out Nigeria with arms to put down the insurrection. At the time, both the United States and the United Kingdom refused to sale arms to Nigeria. In fact, France went a step further by recognizing Biafra as a sovereign state.

Nigeria Boosted Relations With Russia After Civil War

The Nigerian Civil War opened the eyes of Nigerian leaders to the reality of world politics. Nigerian youths became eager recipients of Soviet scholarships for higher education in the Soviet Union. This was a major opportunity for the Soviet Union to establish itself in sub-Saharan Africa’s major country.

Immediately after the war, General Yakubu Gowon, Nigeria’s Head of State, paid a State Visit to Moscow in 1971. President Olusegun Obasanjo also visited Russia in 2001 and on June 24 2009, Russian President Dimitry Medvedev became the first Russian President to visit Nigeria.

These top-level visits are too far in between and do not reflect the several challenges confronting Nigeria-Russia relations.

For instance, in order for agreements among nations to become operational, they are to be passed by the National parliament and that forms their legal framework. The agreements signed with Russia during these visits are yet to be ratified by the parliament with particular reference to the Abuja agreement of 2009 which covered six critical areas: Viz- Investment, cooperation in the field of peaceful use of nuclear energy, understanding in the field of exploration of outer space for peaceful purposes, transfer of persons sentenced to imprisonment, declaration on principles of friendly relations and partnership between Nigeria and the Russian Federation and several other agreements on the eventual establishment of the Intergovernmental Commission on Economic and Scientific-Technical Cooperation (ICESTC) between the two countries.

Adequate knowledge and clear understanding of culture, history, language, mentality, world-view, capabilities and potentials of other nations are crucial to foreign policy making. There is weak indication that the two countries have sufficient and adequate perception of each other. This in part is responsible for the lack of the political will to fully implement their existing bilateral agreements.

We have had serial disappointments with the western world from their refusal to help in the fight to keep Nigeria one and their current refusal to help with weapons to put down the Boko Haram insurgency under the spurious claims that the Nigerian military is abusing human rights. The supply of military equipment and materiel notably the MI-35 attack helicopters by Russia have played a high value addition in our fight against Boko Haram. Unfortunately, majority among the Nigeria political elites are under strong influence of London and Washington whose interest is to distance Moscow from the affairs of African countries.

Russia/Nigeria Trade Relations

Still, there has been increased trade between Nigeria and Russia since the civil war experience. Dramatically, the Soviet Union became Nigeria’s best friend and ally such that by the time the civil war ended in 1970 Nigeria had opened its doors to other Soviet imports such as consumer goods and industrial manufacture.

The most significant highlight of the growing economic cooperation between the two countries was the award of contracts to Soviet companies for the establishment of the Ajaokuta Iron and Steel Complex and for the laying of oil pipelines across the country in line with the articles form economic and technical cooperation agreed upon by the two countries.

The project was however not completed as scheduled, and has continued to suffer several setbacks over the decades due to what should be seen as a lack of political will and adequate appreciation of the potential of the steel project to radically transform the economy of Nigeria and its capacity to be the foundation for the industrialization of the nation.

ALSCON Nigeria

Similarly, ALSCON, Nigeria’s only aluminium smelting plant, handed over to Russian aluminium giant, United Company RUSAL PLC was closed down in 2014. Again, nothing much is heard of Gazprom, the Russian national energy giant, the biggest in the world, who signed a Memorandum of Understanding with the Nigerian National Petroleum Corporation (NNPC) on the exploration and exploitation of the nation’s huge gas reserves with a new joint venture company to be known as NiGaz Energy Company, which will also take part in several other critical infrastructural development projects, including the training of Nigerians among others. Both companies were expected to invest up to 2.5 billion dollars in the joint venture.

Deepening Nigeria/Russia Ties

These are very good signs for Nigeria-Russia relations and should be pursued with vigour because they can lead to slow but steady growth of bilateral trade and the promotion of direct contacts between Nigerian and Russian officials and institutions, agencies and companies, opening up of opportunities for further cooperation in the area of energy, metallurgy, oil and gas and promotion of bilateral cooperation in the cultural sphere.

Nigeria needs Russian technology to boost industrialization just as Russia needs Nigeria as a market for its industrial products and military equipment. All issues on the privatization of ALSCON to Russian RUSAL including the legal tussles require diplomatic solutions in a manner that will bring the company to function at its maximum capacity.

The volume of on-going trade between the two countries still remains very low – a paltry $350 million. This is ridiculous given the rich economic and trade endowments of both Nigeria and Russia. Worse still, there is a consistent huge imbalance in favour of Russia.

Inadequate information on business opportunities in Nigeria poses one of the major problems. Foreign investors including Russians have no access to update and reliable information on business prospects in Nigeria. If and when Russian businesses discover, for example, the rich agricultural products that are available in Nigeria, they’d wonder why they had not known about these all along.

In Nigeria, there are exceptional high-quality agricultural products such as oranges, mangoes, citrus, sweet honey that could easily rise to the top of the market demand in Russia.

There are many options available for the two countries to expand and deepen mutual trade and diplomatic ties in the interest of the two countries, world peace and prosperity. These options must be speedily pursued.

Monguno is member, Board of Directors, FCDA-Abuja-Nigeria.

Share
Related Stories
Image
08-September-2023

Then & Now: 5 Ways Google is Improving Search in Africa

There’s a lot that goes into building a search engine. While it seems simple enough — you type a question, and we find results that match — we’ve taken on many deep, technical challenges to make Google what it is today. And the reality is that Search is never a solved problem. Old challenges evolve, and new challenges are constantly popping up — because the internet and the world are always changing. Here are some of the biggest technological breakthroughs we’ve made through the years— and where we’re continuing to push the boundaries of innovation — as we build and

Image
21-September-2023

Unlocking Growth: M&A Opportunities in African VC Space

By Philani Mzila The past 12 months have seen a significant decline in venture capital (VC) funding in Africa. The total amount raised declined by almost 40% between July 2022 and June 2023 compared to the same period between 2021 and 2022. This sharp decline is particularly evident in the “Big Four” markets of Nigeria, Egypt, South Africa, and Kenya, with funding contracting by as much as 77% in some. Due to these challenging market conditions, numerous startups are nearing the end of their financial runway and are struggling to secure further investment. Founders in this situation usually face three

Image
28-September-2023

Nigeria: An Economic Misnomer for Sixty-Three Years

By Enajite Enajero PhD His Excellency, Bola Ahmed Tinubu, President Federal Republic of Nigeria Dear Mr President, I must first congratulate you for becoming the President of Nigeria. Nigeria is faced with so many challenges. The problem facing Nigeria is not only that of reducing poverty but also that of saving a chunk of humanity by creating the capacity to coalesce the most populous Black Country into the comity of developed nations. Some might think Nigeria becoming a developed nation will not occur in the foreseeable future. The purpose of this letter is to assure the president that Nigeria could

More Stories
Image
17-October-2018

NSE Year-to-Date Loss Drops to 14.44% after 0.95% Rise

By Modupe Gbadeyanka Life was returned to the Nigerian Stock Exchange (NSE) on Tuesday as a result of the 0.95 percent rise recorded by the major market indices. This reduced the year-to-date loss to 14.44 percent at the close of business from the 15.24 percent posted in the previous trading session. The weak performance of the market since the second quarter of this year had made the year-to-date returns remain stable in the negative territory against the over 40 percent growth the market achieved last year. At the end of activities yesterday, the Nigerian equities market performed better, leaving the

Image
16-February-2019

CNPP Alleges Plot to Install Interim Government

By Dipo Olowookere The Conference of Nigeria Political Parties (CNPP) has described inconsistences associated with the preparations for the 2019 generations as supervised by the Independent National Electoral Commission (INEC) as “part of a deliberate plot by anti-democratic forces to derail Nigerian democracy and enthrone an interim government in country. The group made this allegation in reaction to the postponement of the February 16, 2019 presidential and National Assembly polls by INEC this morning. In a statement by its Secretary General, Mr Willy Ezugwu, the CNPP wondered why “an election that took the electoral umpire four years to prepare for

Image
20-December-2016

Nigerian Stock Market Sinks Further by N16b

By Modupe Gbadeyanka Equity market in Nigeria finished on a downward trend on Tuesday just like the previous day with the major indices also closing in red. Investors today lost N16 billion on stocks at the market with Forte Oil recording the highest price decline after shedding N10.22k on the floor of the Nigerian Stock Exchange. The all-share index went down by 45.69 points or by 0.17 percent to end at 26,540.87 points, while the market capitalisation depreciated by N15.7 billion to finish at N9.132 trillion. Forte Oil, which fell by N10.22k, closed at N94.69k per share, while Total slumped

Image
05-July-2017

UBA ‘Read Africa’ Train Stops in Ghana

By Modupe Gbadeyanka An initiative of the United Bank for Africa (UBA) Plc called Read Africa, which was launched by UBA Foundation, the Corporate Social Responsibility (CSR) arm of the pan African lender, was taken to Ghana on Tuesday, July 4, 2017. The Read Africa was created in 2011 to educate and empower African youths and has been changing the lives of African students across the continent for six years. The project is aimed at encouraging children to improve their vocabulary and communication skills through reading. Through its Read Africa initiative, the UBA Foundation is helping rekindle the dwindling reading

Image
08-July-2022

For Third Straight Month, Global Prices of Food Drop in June

By Adedapo Adesanya For the third consecutive month, the global prices of food fell in June 2022, according to the Food and Agricultural Organisation (FAO). In the monthly report released by the world’s food watcher on Friday, the FAO Food Price Index (FFPI) averaged 154.2 points in June 2022, down 3.7 points (2.3 per cent) from May, marking the third consecutive monthly decline. Despite this, it is still 29.0 points (23.1 per cent) above its value a year ago. The drop in June reflected declines in the international prices of vegetable oils, cereals and sugar, while dairy and meat prices

Image
30-August-2022

FrieslandCampina Lifts NASD Exchange by 0.21%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange appreciated by 0.21 per cent on Monday, August 29, following the increase in the value of FrieslandCampina Wamco Nigeria Plc shares. The securities of the milk-producing giant improved by N3.00 or 3.23 per cent during the session to close at N96.00 per unit as against N93.00 per unit of the last session. FrieslandCampina weighed on the losses reported by the duo of 11 Plc and NASD Plc. 11 Plc depreciated by N10 to close at N170.00 per unit in contrast to last Friday’s N180.00 per unit, while NASD Plc lost 40

Image
25-January-2022

USAID Offers $22.5m to West Africa-Based SMEs

By Aduragbemi Omiyale Small and medium enterprises (SMEs) operating in West Africa will have $22.5 million to support their businesses courtesy of the United States Agency for International Development (USAID). The fund comprises a $2.5 million co-investment grant given to the African Guarantee Fund for Small and Medium-sized Enterprises (AGF) and $20 million of private equity to support the two-part COVID-19 Guarantee Facility of the leading non-bank financial institution. The capital is aimed to solve the problem faced by small business owners in the region and also a part of efforts to support high-potential SMEs. It was learned that the

Image
04-October-2020

Ozerov Sees Huge Economic Benefits in Russia-Africa Relations

By Kester Kenn Klomegah Russia is consistently working on strengthening multifaceted relations with Africa despite the numerous challenges. After the first Russia-Africa summit held in Sochi, authorities have been moving to build on this new page in the history of Russia’s relations, based on shared values and interests, with African countries. Within the framework of the joint declaration adopted in Sochi, the Ministry of Foreign Affairs of the Russian Federation created a Secretariat of the Russia-Africa Partnership Forum. On May 18, the Deputy Director of the Department of Africa at the Russian Foreign Ministry, Mr Oleg Borisovich Ozerov, was appointed

Ad
Ad
Recent Stories
Image
30-September-2023

Mediacraft Associates Employees Get 25% Pay Rise

By Modupe Gbadeyanka The salaries of employees of Mediacraft Associates Limited, a leading Nigerian full-service Public Relations and Integrated Brand Communications Consultancy firm, have been increased by 15 and 25 per cent. This was confirmed by a statement from the organisation as it celebrates its 20th anniversary this year. It was disclosed that the gesture was to reward the efforts of the workers toward the growth of the company and to cushion the current hardships in the country due to the removal of petroleum subsidy. According to the chief executive of Mediacraft Associates, Mr John Ehiguese, the salary increase had

Image
30-September-2023

Are Audio Streaming Platforms in Your Marketing Mix? They Should be

By Mark Redguard Walk down the streets of any major city around the world and take a look at all the people you pass along the way. Chances are you’ll see more people wearing earphones and headphones, in all of their shapes and sizes, than not. Most of those people, whether they’re consuming music or podcasts, will be listening through an audio streaming platform. In fact, Spotify’s 500 million-plus users spent more than 132 billion hours streaming audio on the platform in 2022.  And that’s just Spotify. Factor in other platforms, including the likes of Mdundo and Audiomack, and the

Image
30-September-2023

Unlisted Stock Investors Grow Market to N1.105trn

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.38 per cent on Friday, September 30, with N4.16 billion added to the value of the bourse, closing at N1.105 trillion compared with Thursday’s value of N1.101 trillion. The market witnessed the improvement a day after the shares of VFD Group were yanked off the trading platform, with the NASD Unlisted Securities Index (NSI) closing higher by 3.06 points to settle at 815.65 basis points versus the previous day’s 812.59 basis points. There were three gainers led by FrieslandCampina Wamco Nigeria Plc, which improved by N1.31 to close at

Image
30-September-2023

Naira Appreciates on Dollar Across FX Market Segments

By Adedapo Adesanya The Naira appreciated against the US Dollar in the Investors and Exporters (I&E), the Peer-to-Peer (P2P), and the black market arms of the foreign exchange (forex) market on Friday, September 29, as a turbulent third quarter ended. In the official segment, the local currency improved its value against the greenback by 2.6 per cent or N20.04 to close at N755.27/$1, in contrast to the preceding day’s N775.31/$1 amid a drop in the supply of FX into the system by 11.6 per cent or $16.73 million to $127.82 million from the $144.55 million published on Thursday. In the

Image
30-September-2023

Brent, WTI Shrink on Macroeconomic Worries, Profit Taking

By Adedapo Adesanya The prices of Brent futures and the US West Texas Intermediate (WTI) futures went down by about 1 per cent on Friday, due to macroeconomic concerns and sustained profit-taking. Data showed that Brent fell by 7 cents to $95.31 per barrel and WTI depreciated by 92 cents to $90.97. Prices rose about 30 per cent in the third quarter of the year helped by the production cuts by the Organisation of the Petroleum Exporting Countries and allies (OPEC+). This action squeezed global crude supply. Brent was about 2.2 per cent in the week and 27 per cent

Image
30-September-2023

NGX Sheds N37bn as Investors Sell Stocks in Panic to Buy FX

By Dipo Olowookere Profit-taking persisted on the floor of the Nigerian Exchange (NGX) Limited, as investors refused to tone down their profit-taking activities. It was observed that the market is gradually entering panic mode due to macroeconomic instability in the country, especially with the exchange rate of the Naira to the Dollar going above N1,000 in the parallel market. A stockbroker with one of the leading brokerage firms in the country, who asked not to be named, said the local bourse was witnessing panic selling due to investors liquidating their shares for Dollars. “This trend will continue for a while

Image
29-September-2023

FG, States, Local Councils Get N1.1tn As September Allocation

By Adedapo Adesanya The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion from the revenue generated by the nation in August 2023 for September to enable the three tiers of government; the federal government, states, and local government councils, to have funds to pay salaries and others. The allocation of the funds was confirmed by the Office of the Accountant General of the Federation on Friday following FAAC’s September 2023 meeting. According to a statement by the OAGF’s Director of Press and Public Relations, Mr Bawa Mokwa, there was “N1100.101 billion (N1.1 trillion) total distributable revenue.”

Image
29-September-2023

Erisco Product Reviewer Fights Back, Threatens 500m Suit

By Bliss Okperan A lady who reviewed a product of Erisco Foods Limited, Nagiko Tomato Mix, Mrs Chioma Egodi, has threatened to demand the sum of N500 million from the chief executive of the company, Mr Eric Umeofia, for violating her fundamental human rights. Mrs Egodi said she purchased the product at the market with the intention of using it to cook stew for her family. However, when she tasted it, according to her, it tasted too much sugar, prompting her to post about it on Facebook. It was reported that Erisco was not happy with the negative review. She

Image
29-September-2023

Scoring Success: How Data Analytics Revolutionizes Football Predictions Strategies

Data analytics is transforming football predictions as tools and techniques are consistently being designed to enhance accuracy and precision in football betting. In this article, we uncover the huge impact of data analytics in football betting. The Power of Data in Football Predictions In football betting, data analytics is used to collect, analyse, and interpret data to make informed predictions. This includes several metrics, such as player stats, team performance, head-to-head results, and external factors like injuries, fatigue, and weather conditions. Data analytics in football predictions is useful in the following ways:  Transforming Raw Data to Useful Piece of Information

Image
29-September-2023

Alleged Assault: Manchester United Recall Anthony to Squad

By Dipo Olowookere Brazilian winger, Anthony, is now eligible to make the Manchester United squad again, a statement from the football club has disclosed. A few weeks ago, the footballer was suspended by the English sports outfit over allegations of assault in his home country. His former girlfriend, Rosilene Silva, accused the footballer of assaulting her, prompting the police in Brazil to launch an investigation into the claims. The police in the United Kingdom also took an interest in the matter, forcing the Old Trafford team to ask Anthony to stay away from the team. In an update on Friday,