News

Nigeria, Russia To Sign Business Agreement On Pre-Paid Metres Production

Last updated on September 11th, 2021 at 03:14 pm

The Abuja Chamber of Commerce and Industry (ACCI), on Friday said that Nigeria and Russia would sign a Memorandum of Understanding on production of pre-paid meter to bridge the gap that currently exists in the sector.

President of ACCI, Adetokunbo Kayode said that the agreement would be between Russian electrotechnical company, Energomera and NT Power Nigeria Ltd.

A statement issued on Friday by Mr Lubem Gena, Media and Strategy Officer, to the Nigeria’s ACCI said that preparations had reached advanced stage to facilitate the signing of business cooperation between both parties.

The statement said ACCI president, Adetokunbo noted that the company was interested in investing in pre-paid meters production to bridge the gap that existed in the sector.

“In the series of meetings and exchange of communication, we both agreed to sign the MOU to formally form the basis of the business relationship.

Albert Echetah

Recent Posts

UN Condemns Extension of South Sudan’s Transition to 2027 Amid Stalled Reforms

In a development quite contrary to expectation, the United Nations Mission in South Sudan has welcomed the extension of South…

September 20, 2024

Safety at tourist resorts to be stepped up in Kenya to attract visitors

Kenya's government will beef up security in Lamu County, a popular tourist region, to combat terrorism and other threats in…

September 20, 2024

Ghana’s Opposition NDC Demonstrates Nationwide Over Independent Audit of Voter Roll

Nationwide protests, held in all 16 regional capitals, had been staged by the NDC on Tuesday, demanding an independent audit…

September 19, 2024

UAE Announces $10.25 Million Humanitarian Aid to Support Sudanese Women Refugees in Chad

Consequently, the UAE announced a set of new humanitarian projects in Chad and pledged $10.25 million to the United Nations…

September 19, 2024

The baobabs of Zimbabwe provide vital support to rural communities affected by climate change

Loveness Bhitoni has been picking baobab fruit from the gigantic trees surrounding his farm in Zimbabwe since childhood, to vary…

September 18, 2024

Al-Qaeda Affiliate JNIM Strikes Mali’s Capital in Rare Terrorist Attack

A terrorist attack by the Al-Qaeda affiliate group Jama'a Nusrat ul-Islam wa al-Muslimin-or JNIM-occurred in Bamako, Mali, early Tuesday, September…

September 18, 2024

This website uses cookies.