Is this comedian speaking Russian or is it gibberish that merely sounds Russian?

The comedian is Trevor Noah. He is multilingual and has an ear for accents and can imitate them perfectly. In the routine he does: Scottish, Indian, New York, South African, French, British, Russian, etc. He can switch in an instant.
If you have time, it is worth watching the whole stand up routine. But, I am interested in the last couple of minutes when he discusses the Russian accent.
Here is the link. (Hopefully I got the timing right I’m trying to link to 1 hour, 4 minutes and 0 seconds.)

Is this real Russian or gibberish? If real, what is he saying?

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