Gas Pipeline, Lake Chad Top Agenda At Shettima, WEF Meeting

The Nigerian government has called for collaboration with the World Economic Forum (WEF) to foster economic development and growth in the country and on the African continent.

Specifically, it sought partnerships with the global body on the African Atlantic Gas Pipeline (AAGP) in the bid to connect Nigeria to Morocco and other African countries as well as the recharging of Lake Chad to tackle the global food security crisis and other existential threats.

Vice President Kashim Shettima stated this on Thursday during a bilateral meeting with President of the World Economic Forum (WEF), Mr. Børge Brende, on the sidelines of the ongoing annual meeting of WEF in Davos, Switzerland.

On the African Atlantic Gas Pipeline, Senator Shettima in a statement by his spokesman, Stanley Nkwocha said Nigeria will be in a vantage position to take advantage of the WEF platform to develop the gas project, pointing out that this will address the geopolitical challenges in Europe and the growing demand for energy due to artificial intelligence, data mining and storage.

He said, “We seek your collaboration in fundamental areas. One is on the African Atlantic Gas Pipeline (AAGP) which will connect Nigeria to Morocco and other African countries. The pipeline will transport natural gas from Nigeria to North Africa and Europe and is expected to improve energy security and economic growth in the region.

“With the geopolitical challenges in Europe from Russian gas problems and the rising demand for energy because of artificial intelligence, data mining and storage, we will be in a vantage position to take advantage of this opportunity.

“A lot of littoral states in West Africa who have discovered gas are more than willing to plug into the system and feed their gas to other end users. We are also exploring the area of undersea passage of the pipelines for it to be a win-win for everyone. We want to use the WEF platform.”

VP Shettima told the WEF President that while Nigeria is a country blessed with gas, the nation is exploring every option to maximise available opportunities for economic growth and create wealth for its growing population.

“Nigeria is a gas nation than an oil nation. Because of our population, we either take care of the young men and women, (our average is 16.9), or they take care of us in the next ten or twenty years down the line. This is why we are in a hurry to develop in our enlightened self-interest. Gas provides us with the utmost opportunity to generate wealth for our people,” he noted.

On recharging of the Lake Chad, the Nigerian Vice President said apart from addressing the food security crisis, it will also put Nigeria in a vantage position to generate clean energy and combat terrorism.