Nigerian, Russian Firms Seal Deal To Develop Construction, Agric Sectors

Nigerian companies, Djevani Prime Limited and Shapental Global Networks Limited, have signed a deal with one of Russia’s largest manufacturing firms, Gexa Group of Companies, to boost four sectors of Nigeria’s economy: organic agricultural inputs support services, health services disposables, and civil engineering sector (roads and building construction non-woven materials).

The two companies signed a memorandum of understanding (MoU) in Abuja recently. Speaking during the signing of the deal, President of Gexa Group, Victoria Mattei, said, “The company, which has already been in the European and Asian market for 25 years, specializes in the production of polymer materials. Our purpose is to invest in Nigeria and jointly imbibe cutting-edge technology in solving critical challenges in the above-named sectors of the Nigerian economy.”

She noted that the company is convinced it can do business in Nigeria, saying, “The first thing in business is the people you work with, and I think we will find common solutions and common tasks together.

“On building construction, we have technology that preserves the cold temperature inside the house, thereby reducing energy consumption by the air conditioning systems. In this regard, such cooling systems do not have to work for a longer period to cool the room. Road constructions with minimal costs. One of our materials in the field of road construction is quick mobile roads, which can be constructed faster without the use of asphalt. This will help in rural areas and in trailer parks constructions, especially ease of movement through weak soil regions of Nigeria. So, the wheels of the trucks will not be stuck in mud.”

She also said, “The company is ready to set up its factory here in Nigeria as this is our long-term strategy. This will boost employment in the country.”

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The chief executive officer of Djevani Prime, Wale Dada, said that the group is breaking through boundaries looking for investors in the area of the development of infrastructure, commodity goods, among others. He said Gexa Group is one of his firm’s alliance companies under the Bricks Alliance program, and it has been selected as one of the companies he will be working with in making the Nigerian construction more durable and creating infrastructure for the people of Nigeria.

He also noted that the collaboration will enable the country to tap into their technology know-how, saying that this is what Nigeria needs as the country is moving from importation to production. According to him, his firm is signing the MoU and seeing how their products will fit into the country.

He said, “What they are bringing to the country is massive in the construction and agricultural sector. Our aim is to move Nigeria from ‘grow to feed’ to ‘grow to live.’ Their products will enhance this. Our health sector is not left out, as they have products that will boost the sector. The company is bringing this technology home to impact our economy, and secondly, we need to diversify by embracing this kind of opportunities. This is the third company we are bringing to Nigeria; we are bringing the technology and expertise. We need to bring in sustainable development.”