President Vladimir Putin said Wednesday Russia will only accept payments in rubles for gas deliveries to “unfriendly countries”, which include all EU members after Moscow was hit by unprecedented sanctions over Ukraine.

Immediately after his announcement, the ruble — which has plummeted since the start of the Ukraine conflict — strengthened against the dollar and euro, while gas prices rose.

“I have decided to implement a set of measures to transfer payment for our gas supplies to unfriendly countries into Russian rubles,” Putin said during a televised government meeting.

He added, however, that Russia will continue supplying the volume of gas outlined in its contracts.

Putin ordered Russia’s central bank to implement the new payment system within a week, saying it must be “transparent” and will involve the purchase of rubles on Russia’s domestic market.

Read More:
https://guardian.ng/news/putin-tells-europe-to-pay-for-gas-in-rubles/

Can this change Nigerian market Russia this Ukraine that una never do haba?

heniford2:
Can this change Nigerian market Russia this Ukraine that una never do haba?

Lol! We have our own humanitarian crisis which is human incarnate. A cataclysmic human disaster which shouldn't be repeated come 2023.