Monday 11 June 2018

Nigeria Sign Agreements on Regional Gas Pipeline, Chemical Plant, Agricultural Training With Morocco!

Nigeria and the Kingdom of Morocco among two other agreements, signed a Regional Gas pipeline Agreement on Monday, May 11, 2018, in Rabat, Morocco's capital city.
                                        
The Regional Gas pipeline Agreement is expected to enable Nigeria provide gas to other West-African countries, and to Morocco and Europe.
The feasibility study of the pipeline-agreement was signed by the Group General Manager, Nigerian National Petroleum Corporation (NNPC), Mr Farouq Said Garba, and Mrs Amina Benkhadra, Director General of the National Office of Hydrocarbon and Mines. The agreement is expected to be concluded by July 2018.
According to a statement signed by Senior Special Assistance to the President on Media and Publicity, Garba Shehu, "The construction of the pipeline will be phased and based on increasing needs of the countries crossed, and Europe, for the period of 25 years.
The Nigeria Morocco Gas Pipeline (NMGP), designed to be 5,660km long, will reduce gas flaring in Nigeria and encourage diversification of energy resources in the country, while cutting down poverty through the creation of more job opportunities.
The NMGP will further encourage utilisation of gas in the sub-region for cooking, and discourage desertification". The statement read.
Other agreements signed were the Memorandom of Understanding for the development of a chemical plant in Nigeria for producing ammonia and its derivatives, signed by the Chief Executive Officer and Managing Director of Nigeria Sovereign Wealth Authority, Mr Uche Orji and the Chief Executive Officer of the Office of the Management of Phosphate in Morocco, Mr Mostafa Terrab. 
The Cooperation Agreement on Vocational Training and Technical Supervision, was signed by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh and his Moroccan counterpart, Mr Aziz Akhannouch. This agreement is expected to boost skills on better management of agricultural outfits in Nigeria.

After witnessing the agreements signing, Nigeria's President Muhammadu Buhari and King of Morocco, His Majesty King Mohammed V1, proceeded to a meeting which focused on strengthening economic relations in gas resource development, global investments and agricultural training and management.

President Muhamadu Buhari is on a two-day official visit to The Kingdom of Morocco.

No comments:

Post a Comment