Russia's second-largest oil company, privately controlled Lukoil, has said it is planning to expand its operations in Nigeria.
The statement reads, “One of the man thrusts of Nigeria’s foreign policy is to attract direct foreign investments into the country. The objective received a practical boost when His Excellency, Prof Abdullahi Shehu, the Nigerian Ambassador to the Russian Federation met with Mr Ivan Ramanovsky, the Vice President of the Lukoil Group, in charge of West Africa, Europe and America in Moscow, Thursday 19th August 2021.
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Hope they’re not selling oil in exchange for chicken change. Better negotiate on equal terms!
They just keep selling everything to anyone