Nuclear Energy Russian firm, Rosatom to set up plant in Nigeria

The Memorandum Of Understanding (MOU), was signed at the 2016 ATOMEXPO in Moscow, Russia.

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The logo of Russian state nuclear monopoly Rosatom. play The logo of Russian state nuclear monopoly Rosatom is pictured at the World Nuclear Exhibition 2014, the trade fair event for the global nuclear energy sector, in Le Bourget, near Paris October 14, 2014. (REUTERS/Benoit Tessier)
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Russia and Nigeria have finalised plans to set up a nuclear energy facility in the country for generation of electricity.

According to Sahara Reporters, an agreement was signed between the agencies in-charge of nuclear energy for both countries.

The Memorandum Of Understanding (MOU), was signed by Sergey Kirienko, the Head of Rosatom State Nuclear Energy Corporation, and the chairman of the Nigeria Atomic Energy Commission, Erepano Osaisai represented Nigeria.

The MOU was signed at the 2016 ATOMEXPO in Moscow, Russia.

Osaisai said it is a lifetime opportunity, adding that Nigeria will take advantage of the clean energy and generate the much needed electricity.

The Nigerian nuclear agency boss also said “Nuclear acquisition has come to stay. It is well known that it contributes quite a chunk of global electricity.

“Nigeria does have other sources of energy, but this is about a balanced and diversified energy basket. Nuclear happens to be the one we considered.”

Osaisai explained that nuclear energy will help the country conserve other sources of energy, adding that it is environmentally friendly.

ATOMEXPO is the largest exhibition venue for meetings and negotiations between world leaders of the nuclear power sector.

The goal of the Forum is to promote international cooperation between the Russian Federation and the countries of Latin America, Pacific Asia, Africa, Central and Eastern Europe in the field of nuclear power, and to discuss Russia’s proposal on developing national energy programs.

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