Nigeria, Morocco Sign Agreement To Build ‘Wonder Of Africa’
Power is Life. Nigeria and Morocco are planning to light up the future, today.
The Wonder of Africa pipeline project is said to have been designed by Africans for Africans.
It is expected to have a direct impact on 300 million people through the speeding up of electrification projects in West Africa.
The agreement includes the construction of a gas pipeline that runs from Nigeria to Morocco.
This is part of the Joint Initiative on the Morocco – Nigeria Gas Regional Pipeline, which is one of the two agreements signed by both countries in Rabat on Tuesday.
The scope of the deal, which was signed by the Nigerian National Petroleum Corporation, NNPC and the Office National des Hydrocarbures et des Mines (ONHYM), is to determine the modalities of building the gas pipeline.
It also specified equal partnership in governance, management and financing of the project. The timeline for both studies is two years from the date of signing. Interested third party countries will be allowed to join.
The second bilateral agreement was on the Second Phase of the Fertiliser Initiative.
The first phase was the supply of a cargo of phosphate by Morocco to Nigeria after eight weeks of its signing.