Would you like to receive notifications on latest updates of the following headlines?

Nigeria, Equatorial Guinea Sign Pact on Gulf of Guinea Gas Pipeline

POSTED ON August 15, 2024 •   Politics      BY Benedicta Bassey •   VIEWS 87
President Bola Tinubu and Equatorial Guinean counterpart, Teodoro Mbasogo/ Photo credit: AriseTV

President Bola Tinubu and his Equatorial Guinean counterpart, Teodoro Mbasogo, in Malabo signed an agreement on the Gulf of Guinea Pipeline Project.

The partnership which among other things aimed at mutual development, the president said, “The agreement covered legislative and regulatory measures for the gas pipeline, establishment and operation, transit of natural gas, ownership of the gas pipeline, and general principles.”

This information was contained in a statement signed by Tinubu’s spokesman, Ajuri Ngelale, on Thursday.

The statement is titled ‘President Tinubu and President Mbasogo sign agreement on the gas pipeline for the Gulf of Guinea.’

In his remarks at the event, Tinubu, who is on a three-day official visit to Equatorial Guinea, said the signing of the agreement will open up new opportunities for gas exploration and employment.

He stated that the two leaders had discussed issues related to the creation of employment, food security, multilateral relations, and conflict resolution mechanisms on the continent during a private meeting that preceded the signing of the agreement.

“Concerning Africa, conflicts and conflict resolution were discussed. We discussed various areas of conflict and what we can do to promote peace.

“We talked about the promotion of peace and stability in our countries and growth and prosperity on our continent.

“In the same way that Europe and America have kept themselves and found a solution for their conflicts, we have to look at both inadequate capital, industrialization efforts, research and development programmes, and enlighten our people, navigate our way through problems.

“Instead of the crisis and conflicts that we see in the Republic of Congo, and others, we have to look inwards to solve problems ourselves,’’ the President said.

Tinubu also revealed that the discussion with President Mbasogo also covered challenges of security, the African Continental Free Trade Area, and food security.

“We are all going for it. Within Africa and the African Union, we have resolved that we will work together to make sure that the solution to many of our problems in Africa comes from within,’’ he concluded.

In his remarks, the President of Equatorial Guinea said bilateral relations with Nigeria over many years have been rewarding and emphasized the need to deepen cooperation across salient areas.

The Equatorial Guinea leader noted that the signing of the agreement was strategic for Africa’s development.

The Minister of Justice and Attorney General of the Federation, Chief Lateef Fagbemi, SAN; Minister of Defence, Muhammad Badaru Abubakar; Minister of Interior, Dr. Olubunmi Tunji-Ojo; Minister of State, Petroleum, Gas, Ekperikpe Ekpo, and Minister of Youth Development, Dr. Jamila Ibrahim-Bio were present at the signing of the agreement.

RECOMMENDED FOR YOU
Economic Showdown: Atiku's Critique vs. Tinubu's Policies A Leadership Divide
BY ROCKETPARROT.com staff November 4, 2024 0

In a recent exchange highlighting the growing tensions in Nigeria's political landscape, former Vice...

RECOMMENDED FOR YOU
Senate confirms seven ministerial nominees
BY Benedicta Bassey October 31, 2024 0

The Senate has screened and confirmed seven ministerial nominees appointed by President Bola Ahmed T...

RECOMMENDED FOR YOU
US poll: Court orders Elon Musk to defend $1m election giveaway
BY Benedicta Bassey October 31, 2024 0

Elon Musk has been ordered to appear in court on Thursday following a lawsuit concerning $1 million...

RECOMMENDED FOR YOU
Reps summons Environment Ministry, others over flood readiness
BY Benedicta Bassey October 31, 2024 0

The House of Representatives on Thursday summoned the Federal Ministry of Environment, the National...

RECOMMENDED FOR YOU
National security: Reps urge FG to withdraw airstrip licences from Canaanland, others
BY Benedicta Bassey October 31, 2024 0

The House of Representatives on Thursday has urged the Federal Government to withdraw airstrip licen...

RECOMMENDED FOR YOU
UK naval vessel arrives Nigeria to boost regional maritime security
BY Benedicta Bassey October 31, 2024 0

The United Kingdom Royal Fleet Auxiliary vessel RFA Lyme Bay, has arrived Nigeria as part of effort...

RECOMMENDED FOR YOU
Why U.S. election is important to global audience — UNILAG VC Ogunshola
BY Benedicta Bassey October 31, 2024 0

As the United States' election draws near, the Vice-Chancellor of the University of Lagos (UNILAG),...

RECOMMENDED FOR YOU
Ondo guber: PDP, APC engage in battle of words over electoral violence
BY Benedicta Bassey October 31, 2024 0

The Ondo State chapter of the Peoples Democratic Party has called for more interventions ahead of th...

OUR CHANNELS:

OTHER ARTICLES ::

6th November, 2024
Economic Showdown: Atiku's Critique vs. Tinubu's Policies A Leadership Divide
BY ROCKETPARROT.com staff November 5, 2024 0

In a recent exchange highlighting the growing tensions in Nigeria's political landscape, former Vice...


Indianapolis Woman Dies in I-65 Accident Near Columbus After Return from Kentucky Event
BY ROCKETPARROT.com staff November 5, 2024 0

COLUMBUS, Ind. — A tragic accident claimed the life of Indianapolis resident Omotope G. Oyedir...


Adriano's Decline: From Football Glory to Favela Streets
BY ROCKETPARROT.com staff November 5, 2024 0

Health concerns arise as a recent video surfaces showing Adriano, the former Inter Milan and Brazil...


Proposed tax reform bills not against North, says Presidency
BY Abiodun Saheed Omodara November 5, 2024 0

The Presidency has said contrary to job loss fears and perceived marginalisation of the North, the t...


Kaduna approves N72,000 minimum wage
BY Abiodun Saheed Omodara November 5, 2024 0

The Kaduna State Governor, Uba Sani, has approved a new minimum wage of N72,000 for civil servants i...


Man Utd seal deal with Amorim as new manager — Report
BY Abiodun Saheed Omodara November 5, 2024 0

Manchester United has finalised an agreement with Sporting Lisbon to appoint 39-year-old Ruben Amori...


Nile Group collaborates with Ooni of Ife to manage his theaters
BY Ebiakuboere England November 5, 2024 0

His Imperial Majesty, the Ooni of Ife, and Nile Cinemas have inked a historic management contract fo...


Bruno Mars tops Spotify monthly listeners record
BY Ebiakuboere England November 5, 2024 0

Grammy-winning singer Bruno Mars has broken the previous record with 120,862,858 monthly Spotify lis...


South Africa to strip Chidimma Adetshina of ID documents
BY Ebiakuboere England November 5, 2024 0

Nigerian-South African Model Chidimma Adetshina faces the possibility of losing her national documen...


Senate confirms seven ministerial nominees
BY Benedicta Bassey November 5, 2024 0

The Senate has screened and confirmed seven ministerial nominees appointed by President Bola Ahmed T...


Menu