Daily Trust

Envoy harps on increased FDI for Nigeria, Russia

- By Hamisu Kabir Matazu

The Ambassador of Nigeria to the Russian Federation, Prof. Abdullahi Y. Shehu has stressed the need for more collaborat­ive efforts towards a heightened Foreign Direct Investment­s (FDI) from Russia to Nigeria.

A statement from the Nigerian embassy in Moscow said the envoy made the call during a courtesy call on him by the Nigerians in Diaspora, Russia (NIDO-RUSSIA), led by the group’s chairman,

Uwem-Edimo Sampson. Mr. Sampson noted that, the main mandate of NIDORUSSIA is the actualizat­ion of a stronger trade and economic ties between Nigeria and Russia.

Ambassador Shehu, while noting the efforts of NIDO-RUSSIA in various investment activities between Nigeria and Russia, said stronger collaborat­ion is needed towards actualizin­g the main Foreign Policy thrust of Nigeria which is Citizen Diplomacy.

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