Russia to establish atomic facility in Nigeria

atomic energyFrom AUGUSTINE OSAYANDE in Abuja, Nigeria

ABUJA, (CAJ News) – RUSSIA and Nigeria have strengthened their partnership and cooperation in the field of atomic energy.

This follows the two countries agreeing on a draft agreement on the building of a research reactor in Nigeria.

This  was disclosed in a statement obtained from Russian Embassy in Abuja.

It said Deputy Director of the State Corporation ‘Rosatom’ Nikolay Spassky and the Chairman of the Nigerian Atomic Energy Commission, Erepamo Osaisai, agreed on a draft agreement on the building of the facility.

The agreement is expected to be signed before the end of 2015.

The centre’s functioning will allow  not only to raise the training of the Nigerian national nuclear specialists to a qualitatively new level but it will also have a commercial value particularly the isotopes produced at the reactor can be used for the benefits of agriculture, medicine and other economic spheres of Nigeria as well as of other African states.

The nuclear power plant is part of efforts to add 1 200 megawatts capacity by the end of the decade.

The first nuclear plant will be operational in 2025 and will be increased to four plants with a total capacity of 4 800 megawatts by 2035.

Each facility will cost $20 billion.

CAJ News




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Posted by on Oct 9 2015. Filed under Africa & World, Energy, Exclusive, Featured, Finance, Finance & Banking, Investing, National, News, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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