President Bola Tinubu and Equatorial Guinean President Teodoro Obiang Nguema Mbasogo came together in Malabo on Wednesday evening to solidify their partnership through the signing of an agreement for the Gulf of Guinea Pipeline Project.
The agreement encompasses legislative and regulatory measures governing the gas pipeline, its establishment, operation, transit of natural gas, ownership, and general principles.
During the event, President Tinubu, who is currently on a three-day official visit to Equatorial Guinea, expressed his excitement about the agreement, highlighting the potential for new opportunities in gas exploration and job creation.
In addition, the two leaders held a private meeting where they discussed various important issues such as employment, food security, multilateral relations, and conflict resolution mechanisms on the continent.
“Concerning Africa, conflicts and conflict resolution were discussed. We talked about various areas of conflict and what we can do to promote peace.
“We discussed the promotion of peace and stability in our countries and the growth and prosperity of our continent.
“Just as Europe and America have addressed their conflicts and found solutions, we must also address our issues related to capital inadequacies, industrialization efforts, research and development programs, and the enlightenment of our people.
“Instead of the crises and conflicts we see in the Republic of Congo and elsewhere, we must look inward to solve our problems ourselves,” the president said.
President Tinubu also mentioned that discussions with President Mbasogo covered security challenges, the African Continental Free Trade Area (AfCFTA), and food security.
“We are all committed to this. Within Africa and the African Union, we have resolved to work together to ensure that the solutions to many of our problems come from within,” the President concluded.
In his remarks, President Mbasogo emphasized that the bilateral relations with Nigeria have been rewarding over the years and highlighted the need to deepen cooperation across key areas.
President Mbasogo also affirmed the importance of Africa having a permanent seat on the United Nations Security Council for the continent’s development and confirmed that Equatorial Guinea will work with Nigeria to achieve this goal.
The signing of the agreement was described as strategic for Africa’s development.
The agreement was also signed by Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, and Equatorial Guinea’s Minister of Foreign Affairs, Mr. Simeon Oyono Esono.
Other notable attendees at the signing included Nigeria’s Minister of Justice and Attorney General of the Federation, Chief Lateef Fagbemi, SAN; Minister of Defence, Muhammad Badaru Abubakar; Minister of Interior, Dr. Olubunmi Tunji-Ojo; Minister of State for Petroleum, Gas, Ekperikpe Ekpo; and Minister of Youth Development, Dr. Jamila Ibrahim-Biu.
