President Bola Tinubu and his Equatorial Guinea counterpart, President Teodoro Obiang Nguema Mbasogo, yesterday signed a landmark agreement on the Gulf of Guinea Pipeline Project.
Speaking at the signing ceremony, President Tinubu, who is on a three-day official visit to Equatorial Guinea, said that the agreement will open up new opportunities for gas exploration and employment.
He added that they both discussed the “various areas of conflicts and what we can do to promote peace” as well as the “promotion of stability in our countries, growth and prosperity” on the continent.
The President emphasised the need for African nations to work together to solve their problems, saying, “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.”
“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, industrialisation efforts, research and development programmes, and enlighten our people, navigate our way through problems,” he added.
President Mbasogo praised the bilateral relations between Nigeria and Equatorial Guinea, emphasising the need to deepen cooperation in key areas.
He also highlighted the importance of Africa having a permanent seat in the UN Security Council for the continent’s development.
The agreement was witnessed by top Nigerian officials, including the Minister of Foreign Affairs, Ambassador Yusuf Tuggar; Minister of Justice and Attorney General, Chief Lateef Fagbemi; Minister of Defence, Muhammad Badaru Abubakar; and Minister of State, Petroleum, Gas, Ekperikpe Ekpo.
The signing of the agreement is seen as a major boost to the bilateral relations between Nigeria and Equatorial Guinea.
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