President Bola Tinubu and the President of Equatorial Guinea, Teodoro Mbasogo has signed an agreement on the Gulf of Guinea Pipeline Project which reaffirms the partnership for mutual development.
The statement is titled ‘President Tinubu and President Mbasogo sign agreement on the gas pipeline for the Gulf of Guinea.’ Ajuri Ngelale said 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, Tinubu during his three days official visit to Equatorial Guinea, said the signing of the agreement will open up new opportunities for gas exploration and employment
He said the two leaders discussed issues on the creation of employment, food security, multilateral relations, and conflict resolution mechanisms on the continent during a private meeting that preceded the signing of the agreement.
“Concerning Africa, conflicts and conflict resolution were discussed. We discussed various areas of conflict and what we can do to promote peace. 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.
