To further affirm the partnership between Nigeria and Equatorial Guinea, President Bola Tinubu and President Teodoro Mbasogo have signed an agreement on Gulf of Guinea Pipeline Project, for mutual development.
A statement released by Chief Ajuri Ngelale, the Special Adviser to President Tinubu on Media and publicity, said the agreement was signed on Wednesday evening in Malabo.
The agreement covered legislative and regulatory measures for the gas pipeline; its establishment and operation, transit of natural gas, ownership of the gas pipeline and general principles.
President Tinubu, who is on a three-day official visit to Equatorial Guinea, remarked that the signing of the agreement would open up new opportunities for gas exploration and employment.
According to him, “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.”
He stressed that African countries have to address inadequate capital, industrialisation research and development programmes, and navigate their 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,” he said.
In his remarks, Mbasogo said bilateral relations with Nigeria over many years had been rewarding and emphasised the need to deepen cooperation across salient areas.
The Equatorial Guinea President emphasized that Africa’s vision of having a permanent seat in the Security Council of the United Nations was vital for the development of the continent.
He affirmed that Equatorial Guinea would work with Nigeria to realise the objective, adding that the signing of the agreement was strategic for Africa’s development.
Comments
Post a Comment