President Muhammadu Buhari
yesterday in Rabat, the capital of Morocco, said Nigeria’s strongest selling
point remains an “intellectually aggressive and economically ambitious
populace” that always seeks self-improvement and self-actualization in any part
of the world.
According to him, Nigeria’s
“visionary and resilient population’’ that works hard to always position the
country for more growth is fuelled by a largely youthful group that continually
wants to contribute to development.
The president spoke during
a meeting with the Prime Minister of the Kingdom of Morocco, Saadeddine
Othmani, at the Royal Guest Palace in Rabat.
A statement by his senior
special assistant media, Mallam Garba Shehu, quoted Buhari as saying:
“Nigerians are intellectually aggressive and economically ambitious. I received
some of our students here yesterday and I am really impressed with the zeal and
fearlessness they exuded.
“In Nigeria we have a very
young and aggressive population and we are working very hard to create the
enabling and inclusive environment for their contributions to be better
appreciated,’’ the President told the Prime Minister”.
The Nigerian leader said
his government is harnessing the human and material resources available in the
country, especially in the educational and agricultural sectors, while seeking
partnerships with countries that can explore the huge potentials in Nigeria.
The president noted that
Nigeria is already on the verge of an agricultural revolution as the
importation of rice had been cut down by 90 per cent in 18 months.
“We need to do more to
improve our statistics on food production and graciously, the weather has been
auspicious in the last couple of years for agricultural growth. We are happy
that through partnership with you and hard work the price of fertilizer is
already down by 50 per cent,” he said.
On the three agreements
signed during his visit, namely, Nigeria-Morocco Gas Pipeline project,
vocational training in agriculture and building of a chemical plant in Nigeria,
President Buhari assured the Prime Minister that they will receive appropriate
attention.
“We have a huge gas reserve
in Nigeria, and we should be known more for gas exploration than for crude oil.
So, we are happy with the new partnership with Morocco,’’ he added.
On his part, the Moroccan
Prime Minister said his country had always been impressed by Nigeria’s
intellectual zeal and strength, noting that “many Moroccans appreciate the
intellectual contribution of Nigerians, especially in literary works.
“Your visit to our country
is historic and we are looking forward to more partnerships, especially among
our universities, which would further consolidate our relationship,’’ Othman
added.
President Buhari also met
with the head of the Moroccan legislature, Habib El Malki and the President of
the Advisers on Commerce, Ben Chemmas.
The Nigerian leader ended
his two-day visit to the Kingdom of Morocco with a visit to the mausoleum where
he laid wreaths on the tombs of past kings.
Nigeria, Morocco Sign
Agreement On 5,660km Gas Pipeline Construction
Nigeria and the Kingdom of
Morocco yesterday signed three agreements, including a regional gas pipeline
that will see Nigeria providing gas to countries in West Africa sub-region that
extend to Morocco and Europe.
The signing of the
agreements, witnessed by President Buhari and King of Morocco, Mohammed V1,
followed a meeting between the two African leaders, which focused on
strengthening economic relations in gas resource development, global
investments and agricultural training and management.
A statement by the senior
special assistant on media and publicity to the president, Mallam Garba Shehu,
noted that the feasibility study of the agreement on the pipeline, which 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, will be concluded by July 2018.
The presidential spokesman
further said 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.
He said 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.
Shehu added that the NMGP
will further encourage utilisation of gas in the sub-region for cooking, and
discourage desertification.
He explained: “ At the
ceremony, 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 signed a
Memorandom of Understanding for the development of a chemical plant in Nigeria
for producing ammonia and its derivatives.
“The minister of
Agriculture and Rural Development, Chief Audu Ogbeh and his Moroccan
counterpart, Mr Aziz Akhannouch, signed a cooperation agreement on vocational
training and technical supervision, which will enhance skills on better
management of agricultural outfits in Nigeria.
“President Buhari, who was
received by a large crowd from the airport to the Rabat Royal Palace, assured
the King of Morocco of Nigeria’s full commitment to the actualisation of all
the agreements signed”.
Stakeholders Hail Initiative
Meanwhile, stakeholders in
the midstream sub-sector of Nigeria’s oil industry have commended the agreement
between Nigeria and Morocco to develop a gas pipeline that will transport gas
from Nigeria to that country.
A cross section of industry
players who spoke to LEADERSHIP said the initiative was the needed impetus to
stop gas flaring even as they express optimism that it would boost the nation’s
economy.
Immediate past president of
Nigeria Gas Association (NGA), Dada Thomas said the move will help address the
huge infrastructure gap in the sector.
Thomas, who is also the
chief executive officer of Frontier oil and gas, a company with key focus on
gas development, told LEADERSHIP that potentials of midstream sector are yet to
be tapped because of lack of infrastructure.
He said domestic gas
utilisation has been significantly hampered, as available infrastructure cannot
support transportation of gas from the Niger Delta region to areas where the
product can be consumed.
According to him, with the
land based trunk pipeline traversing the North, smaller pipelines will emerge
out of that to support new offtakers.
He also envisaged that the
project would trigger new investments in gas exploration to increase current
reserves to enable the country meet anticipated rise in the product demand.
“What we will begin to see
now is fresh investments to boost our reserves, the 192 trillion cubic feet of
gas reserves is merely accidental discovery by exploration companies, there has
not been a deliberate gas exploration in the country so for us to meet new
export requirements of gas which this initiative will bring about operators
will now engage in deliberate gas exploration. This will help ramp up our
reserves to meet both export and domestic utilization of gas”, he said.
On his part, a member of
NGA, Danlami Maikura said Nigeria needs
to do more to promote the gas industry so that it becomes an integrated oil and
gas producing country that generates as much revenue from gas as oil noting
that “The gas pipeline pact would ensure that if effectively implemented”.
LEADERSHIP reports that
majority of Nigeria’s natural gas is still being flared off and it is estimated
that Nigeria loses $18.2 million daily from the loss of the flared gas, even
though gas flaring has been prohibited.
Also speaking, the newly
appointed President of APPO and Minister of State for Petroleum Resources, Ibe
Kachikwu, noted that driven by the quest for development across the African
continent, there are new finds of oil and gas, while massive exploration is
currently ongoing.
He, however, lamented that
finding the necessary funds to finance these ventures is very difficult, as a
number of investors are increasingly finding it hard to invest in crude oil and
gas exploration in Africa.
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