Nigeria and Equatorial Guinea Collaborate on Gulf of Guinea Pipeline: Tinubu and Mbasogo Sign Historic Accord
Abuja, EPICSTORIAN – President Bola Tinubu has signed a historic Gulf of Guinea Gas Pipeline Agreement with President Mbasogo on Wednesday, August 15, 2024.
The New Gas Pipeline Agreement Signed by President Tinubu and Mbasogo is said to boost Gulf of Guinea Energy Cooperation between the two countries.
Tinubu signed the Gulf of Guinea Pipeline Project agreement with the president of Equatorial Guinean, Teodoro Obiang, while on a three-day official visit to the country on Wednesday, where both leaders pledge to expand partnership for mutual development, State House Media reported.
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It said the signed ‘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’.
The President, on the visit, also noted that the new gas pipeline treaty “will open up new opportunities for gas exploration and employment”.
Both leaders deliberated on issues of jon creation, food security, multilateral relations, and conflict resolution.
“Concerning Africa, conflicts and conflict resolution were discussed. We discussed various areas of conflicts and what we can do to promote peace.
“We talked about promotion of peace and stability in our countries, and growth and prosperity on our continent.
Gas Pipeline agreement to forge Nigeria and Equatorial Guinea new Energy Alliance, setting example for other West African countries.
Tinubu talked with Mbasogo on ways to ‘look inward’ and enlighten West African leaders on what to do about what has appeared to become endless crisis, ‘undemocratic political quest and insecurity’ in the region.
“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.
