Nigeria News

Nigeria, Morocco to Sign $25b Gas Pipeline Agreement

An intergovernmental agreement (IGA) on a planned $25 billion Nigeria-Morocco gas pipeline will be signed this year, the head of Morocco's hydrocarbons and mining agency (ONHYM) said.Agreed a decade ago, the project - known as the African Atlantic Gas Pipeline - would run 6,900 km on a hybrid offshore-onshore route with a maximum capacity of 30 billion cubic metres (bcm), including 15 bcm to supply Morocco and support exports to Europe, ONHYM's Amina Benkhadra told Reuters by email.The pipeline, which has the backing of the Economic Community of West African States (ECOWAS), has completed its

Nigerian President Lifts Emergency Rule, Resuming Crude Exports

Nigerian President Bola Tinubu on Wednesday lifted a six-month emergency rule in Rivers State, reinstating Governor Siminalayi Fubara and other officials, after saying that a constitutional crisis that had paralysed governance had been resolved.The emergency rule, imposed on March 18, followed a standoff between Fubara and the state legislature that disrupted budget approvals and left the government in limbo. Tinubu said the measure was necessary to prevent anarchy.Rivers State, located in the oil-producing Niger Delta, is an important hub for Nigeria's crude exports.