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Nigeria, Morocco sign agreements on regional gas pipeline, chemical plant

13 Jun 2018, 05:10 pm
Financial Nigeria
Nigeria, Morocco sign agreements on regional gas pipeline, chemical plant

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Nigeria and the Kingdom of Morocco on Monday, June 11, signed three agreements on gas pipeline, chemical plant and agricultural training.

From left: President Muhammadu Buhari of Nigeria and King Mohammad VI of Morocco

Nigeria and the Kingdom of Morocco on Monday, June 11, signed three agreements on gas pipeline, chemical plant and agricultural training.

The signing of the agreements, witnessed by President Muhammadu Buhari of Nigeria and King Mohammad VI of Morocco, followed a meeting between the two African leaders that focused on strengthening economic relations in gas resource development, global investments and agricultural training and management.

The regional gas pipeline agreement will see Nigeria providing gas to countries in the West African sub-region and extend to Morocco and Europe, according to the statement by the Senior Special Assistant to President Buhari on Media and Publicity, Garba Shehu.

The feasibility study of the agreement on the pipeline, signed by the Group General Manager, Nigerian National Petroleum Corporation (NNPC), Farouq Said Garba and the Director-General of the National Office of Hydrocarbon and Mines in Morocco, Amina Benkhadra, will be concluded by July 2018.

The construction of the pipeline will be phased and based on increasing need of the countries crossed, and Europe, over the next 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 further explained.

Also, the Chief Executive Officer and Managing Director of Nigeria Sovereign Wealth Authority, Uche Orji and the Chief Executive Officer of the Office of the Management of Phosphate in Morocco, Mostafa Terrab signed a Memorandum of Understanidng (MoU) for the development of a chemical plant in Nigeria for producing ammonia and its derivatives.

Similarly, the Minister of Agriculture and Rural Development, Chief Audu Ogbeh and his Moroccan counterpart, Aziz Akhannouch, signed a cooperation agreement on vocational training and technical supervision, which will enhance skills on better management of agricultural outfits in Nigeria.

The statement concluded that President Buhari assured the King of Morocco of Nigeria’s full commitment to the actualisation of all the agreement signed.


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