Skip to content
October 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Gas project: NNPC Ltd signs MoU with Ghana, Gambia, Guinea Bissau oil firms
  • Business & Economy

Gas project: NNPC Ltd signs MoU with Ghana, Gambia, Guinea Bissau oil firms

Admin December 6, 2022

Mele Kyari CEO NNPC Limited

Dec. 6, 2022

The Nigeria-Morocco Gas Pipeline Project (NMGP) has attained another milestone following the signing of a Memorandum of Understanding (MoU) on the project by Nigeria, Morocco and five West African Countries.

The Nigeria National Petroleum Company Limited (NNPC Ltd), Morocco’s ONHYM and the National Oil Companies and commercial entities of Gambia, Ghana, Guinea Bissau and Sierra Leone executed the MoU in Moroccan capital, Rabat.

Malam Mele Kyari, Group CEO, NNPC Ltd. in a statement signed by Mr Garba Muhammad, Chief Corporate Communications officer, NNPC Ltd. on Tuesday said Africa would benefit immensely from the project.

Speaking shortly after the signing of MoU on behalf of the NNPC Ltd., Kyari said it represented a significant step in fulfilling the Federal Government’s drive towards harnessing Nigeria’s abundant gas resources through NMGP.

According to Kyari, other benefits of the project include creation of wealth and improvement in the standard of living of the citizenry, increased cooperation between our countries while mitigating against desertification and other benefits to be derived from carbon emission reduction.

The GCEO who descried natural gas as a critical fuel in the transition towards net-zero, said that NNPC Ltd. was well positioned to progress the NMGP project by leveraging its experience and technical capabilities.

According to him, the capabilities range from gas production, processing, transmission and marketing as well as its vast experience in executing major gas infrastructure projects in Nigeria.

“The NNPC Ltd will facilitate the continuous supply of gas and provide other enablers such as the required land for the first compressor station to be deployed in Nigeria which is among the 13 stations earmarked along the pipeline route, ‘’ he said.

He lauded the strategic vision of President Muhammadu Buhari and His Royal Highness, King Mohammed VI of Morocco for entrusting NNPC Ltd and ONHYM with the project.

In their respective speeches, the representatives of the West African countries reiterated the commitment of their countries towards making the NMGP project a reality.

Mrs Sylvia Archer, General Manager, Commercial/Legal Advisor of Ghana who described the MoU signing as historic said the project was a monumental significance to her organisation in its quest to bring nations and communities together through its operations.

In a remark, Mr Baboucarr Nije, Managing Director, Gambia GNPC said its search for hydrocarbons was encouraged by recent discoveries in neighbouring Senegal and Mauritania and the opportunity presented by NMGP would boost their chances to discover natural gas in Gambia.

According to Mr Foday Mansaray, General Director, PDSL of Sierra Leone, his country is excited about the opportunities inherent in the NMGP partnership which has reinforced the virtues of greater collaboration that would further develop the continent.

Also speaking, Mr Celedonio Viera, General Director of PETROGUIN of Guinea Bissau said his country was glad to be involved in the project because it would boost the livelihoods and economies of countries across the continent.

In her remarks, the Director-General of Morocco’s National Office for Hydrocarbons and Mines (ONHYM), Mrs Amina Benkhadra thanked the representatives of the five countries that signed the MoU.

The NMGP is a 5,600Km gas pipeline project, transversing 13 countries namely Nigeria, Benin Republic, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea Bissau, Gambia, Senegal and Mauritania to Morocco and subsequently to Europe.

It would be recalled that in September 2022, NNPC Ltd. and ONHYM signed MoU with ECOWAS Commission while in October 2022 it also executed an MoU with Petrosen of Senegal and SMH of Mauritania, all on the NMGP Project.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Amina Benkhadra ECOWAS King Mohammed VI Mr Celedonio Viera NNPC Ltd ONHYM PETRIGUIN

Post navigation

Previous Police confirms death of 2 robbery suspects in Delta
Next SANWO-OLU EMPOWERS 2000 PERSONS WITH DISABILITIES

Related Stories

Africa’s biggest IPO exposes continent’s cross-border investing barriers Aliko Dangote
  • Business & Economy

Africa’s biggest IPO exposes continent’s cross-border investing barriers

October 9, 2026
World Bank sees Nigeria growth averaging 4.4% through 2028
  • Business & Economy

World Bank sees Nigeria growth averaging 4.4% through 2028

October 8, 2026
SEC Assures FinTech, Digital Assets Operators Against Market Gagging, Emphasises Compliance Unclaimed
  • Business & Economy

SEC Assures FinTech, Digital Assets Operators Against Market Gagging, Emphasises Compliance

October 7, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

US agency to do more equity investing in Africa, official says
  • National News

US agency to do more equity investing in Africa, official says

October 9, 2026
Africa’s biggest IPO exposes continent’s cross-border investing barriers Aliko Dangote
  • Business & Economy

Africa’s biggest IPO exposes continent’s cross-border investing barriers

October 9, 2026
2027: In Delta, Ohanaeze traders back Tinubu, Oborevwori; present campaign vehicles, cash, accommodation
  • Politics

2027: In Delta, Ohanaeze traders back Tinubu, Oborevwori; present campaign vehicles, cash, accommodation

October 9, 2026
At GOCOP Conference, Adaora Sidney-Jack seeks increased women’s inclusion in Nigeria’s electoral process
  • National News

At GOCOP Conference, Adaora Sidney-Jack seeks increased women’s inclusion in Nigeria’s electoral process

October 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.