President Bola Tinubu and the President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo signed an agreement on the Gulf of Guinea pipeline project.

The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, in a statement on Thursday said the agreement signed on Wednesday evening in Malabo further affirms partnership for mutual development.

The agreement, according to the statement, 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, Mr Tinubu, who is on a three-day official visit to Equatorial Guinea, said the signing of the agreement will open up new opportunities for gas exploration and employment.

The president stated that the two leaders had discussed issues relating to 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.

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