Nigeria and Morocco last week strengthened their business relationship by signing two bilateral agreements in Rabat, Morocco, Premium Times reports.
The first agreement was the Joint Initiative on the Morocco –Nigeria Gas Regional Pipeline. The scope of the Memorandum of Understanding, which was signed by the Nigerian National Petroleum Corporation (NNPC) and the Office National des Hydrocarbures et des Mines (ONHYM), was to determine the modalities of undertaking a feasibility study and a Front-End Engineering and Design (FEED) study relating to a gas pipeline from Nigeria to Morocco.
The second bilatéral agreement was on the Second Phase of the Fertiliser Initiative. The first phase was the supply of a cargo of phosphate by Morocco to Nigeria after eight weeks of its signing. This supply led to the resuscitation of 11 blending plants which produced about 1.3 million tonnes of fertiliser; creation of 50,000 (direct) and 150,000 (indirect) jobs while farmers have access to the quantity of fertiliser they need.