π Tender Overview
Scope :
Nigeria and Equatorial Guinea have signed a $2.5 billion agreement to construct a 200-kilometer gas pipeline aimed at boosting gas exports between the two countries. The $2.5bn (N3.98trn) project will involve the construction of a 200km pipeline that will transport Nigerian gas to Equatorial Guinea.
Project will increase Nigeriaβs gas production while supplying Equatorial Guineaβs underutilized LNG and methanol plants. pipeline, which will supply stranded Nigerian gas, are expected to continue following the signing. Nigeria and Equatorial Guinea are in discussions to strengthen defence co-operation, including joint patrols to combat oil theft in the Gulf of Guinea.
joint committee is being constituted to oversee joint patrols, policing, and security on their shared borders and the Gulf of Guinea. collaboration will yield robust engagement and effective prevention of illegal activities in the region. There are discussions on defence agreement, not signed yet, but there is a joint committee for joint patrol, policing and security on our borders and the Gulf of Guinea.agreement will support collaboration in sectors such as furniture production, agro-forestry, fashion, and garment, as well as other cash crops.