(VIDEO) Nigeria, Equatorial Guinea Sign Agreement On Gulf Of Guinea Gas Pipeline

President Bola Tinubu and Equatorial Guinean President Teodoro Mbasogo have in Malabo signed an agreement on the Gulf of Guinea Pipeline Project, further affirming the partnership for mutual development.
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.
In his remarks at the event, President 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.
President 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.
Tinubu also made a case for the development of Africa, calling on the continent’s leaders to come together and seek solutions to their problems.
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.
President Mbasogo said Africa’s vision of having a permanent seat in the Security Council of the United Nations is vital for the development of the continent, affirming that Equatorial Guinea will work with Nigeria to realize the objective.
The Minister of Foreign Affairs, Ambassador Yusuf Tuggar of Nigeria, and the Minister of Foreign Affairs of Equatorial Guinea, Simeon Esono, also signed the agreement.
Source: Swifteradio.com