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MULTI-MILLION DOLLAR MOROCCO-NIGERIA GAS PIPELINE DEAL

The $25 billion Nigeria-Morocco Gas Pipeline (NMGP) is scheduled to start in 2024, according to Ekperikpe Ekpo, Nigeria's minister of energy. On November 27, Ekpo disclosed the building timeline that was scheduled to take place. This came after a Moroccan team headed by Ambassador Moha Ou Ali Tagm visited Abuja.

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Construction on the $25 billion Nigeria-Morocco Gas Pipeline (NMGP) is scheduled to start in 2024, according to Ekperikpe Ekpo, Nigeria's minister of energy. On November 27, Ekpo disclosed the building timeline that was scheduled to take place. This came after a Moroccan team headed by Ambassador Moha Ou Ali Tagm visited Abuja. The pipeline is expected to be the second-longest pipeline in the world, after the West-East Gas Pipeline in China, and will cover 5,600 kilometers while passing through 13 African nations and providing service to about 500 million people.

 

Gas from Nigeria is to be transported to West African countries via the NMGP, with the possibility of expansion into Europe. Nigeria could be able to sell gas to Europe and make a sizable profit in addition to supplying gas to the African continent. Phases of the construction would be completed in three years for the first stage and five years for the other stages. The pipeline is slated to start in Brass Island in Nigeria and go up into northern Morocco, where it may eventually join the Maghreb European Pipeline, which already runs from Algeria to Spain.

The Nigerian National Petroleum Corporation Ltd (NNPCL) asserts that the pipeline will increase regional economic integration, create jobs, raise living standards, and drastically cut carbon emissions.

 

For the gas pipeline project, Morocco and Nigeria signed a memorandum of understanding (MoU) on September 15 of last year. However, the pipeline agreement was first proposed in 2016 by Nigeria's President Muhammadu Buhari and Morocco's King Mohammed VI. Nigerian and Moroccan officials signed a funding agreement for a feasibility study in December 2021, following the project's approval by the Islamic Development Bank (IDB).

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Kayode Olorundare

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