President Bola Tinubu and his Equatorial Guinean counterpart, President Teodoro Mbasogo, have sealed a deal on a crucial gas pipeline project spanning the Gulf of Guinea region.
News About Nigeria reported that Tinubu arrived in the country yesterday for a three day official visit.
According to a statement released on Thursday by presidential spokesperson Ajuri Ngelale, the agreement was signed a day earlier, solidifying the two nations’ commitment to collaborative growth.
Ngelale said that the agreement encompasses a comprehensive framework for the gas pipeline’s development, including legal and regulatory aspects, operational guidelines, and ownership structures.
President Tinubu stated that this historic agreement will unlock fresh opportunities for gas exploration and job creation, paving the way for a brighter economic future.
During a private meeting preceding the signing ceremony, the two leaders engaged in fruitful discussions on various pressing issues, including employment generation, food security, multilateral cooperation, and conflict resolution strategies for the continent.
“Concerning Africa, conflicts and conflict resolution were discussed. We discussed various areas of conflict and what we can do to promote peace,” Tinubu said.
“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.”
Tinubu said the discussion with the president of Equatorial Guinea also covered challenges of security, the African Continental Free Trade Area (ACFTA), 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 added.
