In Malabo on Wednesday evening, President Bola Tinubu of Nigeria and President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea signed an agreement on the Gulf of Guinea Pipeline Project.
Agreement Details
As outlined by presidential spokesman Ajuri Ngelale, the agreement covers:
* Legislative and regulatory frameworks for the gas pipeline
* Establishment and operation of the pipeline
* Transit of natural gas
* Ownership of the pipeline
* General principles
Remarks by President Tinubu
During the ceremony, President Tinubu emphasized the significance of the agreement for gas exploration and job creation. He also highlighted discussions with President Mbasogo on:
* Employment generation
* Food security
* Multilateral relations
* Conflict resolution mechanisms in Africa
Tinubu stressed the need for African nations to address conflicts and promote peace and stability. He advocated for addressing underlying issues such as inadequate capital, industrialization, and education....Read Full Article [Click Here>]
Remarks by President Mbasogo
President Mbasogo expressed satisfaction with the long-standing bilateral relationship between Nigeria and Equatorial Guinea. He emphasized the importance of deepening cooperation in key areas. Mbasogo also emphasized Africa’s pursuit of a permanent seat on the UN Security Council and Equatorial Guinea’s commitment to work with Nigeria to achieve this goal.
Signatories and Attendees
The agreement was signed on behalf of Nigeria by Foreign Affairs Minister Ambassador Yusuf and on behalf of Equatorial Guinea by Foreign Affairs Minister Simeon Oyono Esono.
Attendees included:
* Chief Lateef Fagbemi (Minister of Justice and Attorney General of the Federation, Nigeria)
* Muhammad Badaru Abubakar (Minister of Defence, Nigeria)
* Dr. Olubunmi Tunji-Ojo (Minister of Interior, Nigeria)
* Ekperikpe Ekpo (Minister of State, Petroleum, Gas, Nigeria)
* Dr. Jamila Ibrahim-Biu (Minister of Youth Development, Nigeria)
