Nigeria and Morocco have strengthened their business relationship by signing two agreements in Rabat.
The first was the Joint Initiative on the Morocco–Nigeria Gas Regional Pipeline.
Tagged ‘The Wonder of Africa’ the pipeline project has historic significance because it is designed by ‘Africans for Africans’ with a direct impact on 300 million people through the speeding up of electrification projects in West Africa; thus underpinning the creation of a competitive electricity regional market.
The scope of the Memorandum of Understanding, which was signed by the Nigerian National Petroleum Corporation, NNPC, and the Office National des Hydrocarbures et des Mines, was to determine the modalities of undertaking a feasibility study and a Front-End Engineering and Design (FEED) study relating to a gas pipeline from Nigeria to Morocco.
The second bilatéral agreement was on the Second Phase of the Fertilizer Initiative. The first phase was the supply of a cargo of phosphate by Morocco to Nigeria after eight weeks of its signing.