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Nigeria Approves Proposal for Gas Pipeline Project to Morocco

Gas pipeline project between Nigeria and Morocco (Africa Report magazine)
Gas pipeline project between Nigeria and Morocco (Africa Report magazine)
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Nigeria Approves Proposal for Gas Pipeline Project to Morocco

Gas pipeline project between Nigeria and Morocco (Africa Report magazine)
Gas pipeline project between Nigeria and Morocco (Africa Report magazine)

The Nigerian government on Wednesday approved a proposal for the construction of a gas pipeline connecting Nigeria and Morocco.

Nigeria's Federal Executive Council at a weekly meeting approved a proposal presented by the ministry of petroleum resources and directed the state-run Nigerian National Petroleum Corporation (NNPC) to execute a Memorandum of Understanding with the Economic Community of West African States (ECOWAS) for the project, said Timipre Sylva, minister of state for petroleum resources, at a press briefing in Abuja.

Sylva highlighted that the ECOWAS-coordinated project was still in the planning and engineering design stages.

He said the gas pipeline is expected to take gas to a dozen West African countries and Morocco, and through Morocco to Spain and other European countries.

The enormous gas pipeline project between Nigeria and Morocco, whose feasibility study began in May 2017 at a cost of several billion dollars, was inaugurated in 2016 during King Mohammed VI's official visit to Abuja.

The deal was inked on June 10, 2018, during Nigerian President Muhammadu Buhari's visit to Rabat.

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UN's FAO: World Food Prices Increase in April

FILE - A customer checks his shopping receipts while waiting in line at the food court at Costco Wholesale store in Glendale, Calif., on Thursday, April 10, 2025. (AP Photo/Damian Dovarganes, File)
FILE - A customer checks his shopping receipts while waiting in line at the food court at Costco Wholesale store in Glendale, Calif., on Thursday, April 10, 2025. (AP Photo/Damian Dovarganes, File)
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UN's FAO: World Food Prices Increase in April

FILE - A customer checks his shopping receipts while waiting in line at the food court at Costco Wholesale store in Glendale, Calif., on Thursday, April 10, 2025. (AP Photo/Damian Dovarganes, File)
FILE - A customer checks his shopping receipts while waiting in line at the food court at Costco Wholesale store in Glendale, Calif., on Thursday, April 10, 2025. (AP Photo/Damian Dovarganes, File)

Global food commodity prices increased in April, driven by higher cereal, meat and dairy product prices that outweighed falls in sugar and vegetable oils, the United Nations' Food and Agriculture Organization said on Friday.
The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 128.3 points in April, up 1% versus the March estimate of 127.1 points, Reuters reported.
The April reading was also 7.6% higher than the same month a year ago but 19.9% below a March 2022 peak reached following Russia's full-scale invasion of Ukraine.
For cereals, FAO's price index rose 1.2% from March as wheat prices edged up due to tighter exports from Russia, rice rose on stronger demand and corn stocks tightened in the United States.
"Currency fluctuations influenced price movements in world markets, while tariff policy adjustments raised market uncertainty," the FAO added.
Despite the April rise, the cereal price index was 0.5% below its year earlier level.
Also driving food prices higher, the FAO's meat price index rose 3.2% last month, led by pig meat prices and firm import demand for bovine meat.
The dairy price index rose 2.4% in April and jumped 22.9% versus a year ago as butter prices hit record highs thanks to declining inventories in Europe.
By contrast, FAO's vegetable price index fell 2.3% last month due to a sharp decline in palm oil prices, while the sugar price index dropped 3.5% on fears over the uncertain global economic outlook.
In a separate cereal report, FAO kept its forecast for world wheat production unchanged at 795 million metric tons, on par with 2024 levels.
The agency decreased its estimate slightly for global cereal production in 2024 to 4.848 billion tons from 2.849 billion.