Federal Government in Collaborate with World Economic Forum on African Atlantic Gas Pipeline Project.
The Federal Government of Nigeria is ready to collaborate with the World Economic Forum (WEF) on the African Atlantic Gas Pipeline (AAGP) project to connect Nigeria with Morocco and other African countries, thereby enhancing regional energy security and economic growth.
The announcement was made by the Presidential Spokesperson, Stanley Nkwocha, on his official Twitter handle on Friday, following a bilateral meeting between Vice President Kashim Shettima and the President of the World Economic Forum (WEF), Mr. Borgu Brende.
The meeting took place in Davos, Switzerland during the WEF annual conference.
The vice president also stressed that the pipeline will transport natural gas from Nigeria to North Africa and Europe, which is expected to improve energy security and economic growth in the region.
"We look forward to your cooperation in key areas. One of them is the African Atlantic Gas Pipeline (AAGP) which connects Nigeria with Morocco and other African countries. The pipeline will transport natural gas from Nigeria to North Africa and Europe and is expected to improve energy security and economic growth in the region.
Thousands of storks flying in the sky above the sea wall of Gia Viễn, Ninh Bình - Nếm TV
"With the geopolitical challenges in Europe related to the Russian gas issues and the growing demand for energy due to artificial intelligence, data mining and storage, we will be in a favorable position to take advantage of this opportunity.
"Many coastal states in West Africa that have discovered gas are more than willing to connect to the system and supply gas to other end users. We are also exploring the passage area of the submarine pipeline so that everyone wins. "We want to use the WEF platform," he said. Shettima noted that several West African states with gas reserves are willing to connect to the pipeline system, highlighting plans to explore undersea routes for mutual benefits.
More information
Beyond the gas pipeline project, Vice President Kashim Shettima highlighted the ongoing reforms under the current administration, with President Bola Ahmed Tinubu insisting that these initiatives will put Nigeria on a path to sustainable economic growth. He also expressed Nigeria's willingness to host the World Economic Forum (WEF) Africa Committee. Shettima stressed Nigeria's importance as Africa's largest economy, while highlighting its demographic importance and position as one of the most populous countries in Africa with 250 million people. The Vice President said that by 2050, Nigeria will surpass the United States as the world's third most populous nation and by the end of the century it will become the world's most populous country.
[attachment deleted by admin]