Nigeria, Equatorial Guinea Sign Gas Pipeline Deal, Pledge Deeper Cooperation (PHOTOS)

President Bola Tinubu and his Equatorial Guinean counterpart, Teodoro Obiang Nguema Mbasogo, on Wednesday signed a landmark agreement to construct a gas pipeline across the Gulf of Guinea.

The deal is expected to boost economic ties between the two nations and contribute to regional energy security.

The agreement outlines the legal framework for the pipeline, including its establishment, operation, gas transportation, ownership, and overall governance.

During a joint press briefing following the signing ceremony, President Tinubu emphasized the deal’s potential to create jobs and stimulate gas exploration in both countries.

He also highlighted the broader discussions held with President Mbasogo, which covered issues such as employment, food security, regional peace, and economic development.

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“Africa must find solutions to its challenges internally,” President Tinubu stated, advocating for increased intra-African cooperation.

He underscored the importance of addressing conflicts peacefully and promoting economic growth across the continent.

President Mbasogo expressed satisfaction with the longstanding bilateral relationship between Nigeria and Equatorial Guinea and reiterated the need to strengthen cooperation in various sectors.

He also voiced support for Africa’s aspiration for a permanent seat on the United Nations Security Council.

The signing ceremony was attended by top government officials from both countries, including Nigeria’s Foreign Minister Yusuf Tuggar and Equatorial Guinea’s Foreign Minister Simeon Oyono Esono