Nigeria Calls for WEF Collaboration on Key Gas Pipeline Project and Lake Chad Recharge

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Nigeria Calls for WEF Collaboration on Key Gas Pipeline Project and Lake Chad Recharge

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Nigeria on the Map (© Shutterstock/hyotographics)
Nigeria on the Map (© Shutterstock/hyotographics)

Nigerian government is seeking collaboration with the World Economic Forum (WEF) in advancing the country’s key priority development projects, including the ambitious African Atlantic Gas Pipeline (AAGP) and the recharging of Lake Chad.

Vice President Kashim Shettima made the appeal on Friday during a meeting with WEF President Børge Brende on the sidelines of the annual meeting in Davos, Switzerland.

Shettima emphasized the AAGP's great potential to address Europe's energy needs and boost regional economic growth, particularly amid the current energy crisis. He highlighted the project's ability to connect Nigeria to Morocco and other African countries, delivering natural gas to North Africa and finally to European markets.

"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," Shettima said.

According to the vice president, this project would help in recharging Lake Chad, which has been shrinking significantly over the recent decades, and address food security. He also added that the project would generate clean energy and combat terrorism in the region.

"There is an incestuous relationship between economy and ecology in the Sahelian region," Shettima said, adding that the recharging of Lake Chad from the Congo River basin will help generate a significant amount of clean energy annually from hydropower stations.

The earlier-mentioned project would also include a “canal of 2400 kilometers that will change the agricultural landscape of that sub-region."