Nigeria, Equatorial Guinea to enhance trade relations

Adoba Echono, Abuja

Ambassador Echi

Nigeria and Equatorial Guinea have established a joint commission to enhance the level of trade between them.

The Nigerian Ambassador to Equatorial Guinea, Mr Adadu Echi said this in an interview with Voice of Nigeria in Abuja.

Mr Echi said that the establishment of the joint commission was fallout of some of the bilateral agreements signed between the two countries during President Muhammadu Buhari’s visit to Equatorial Guinea, last month.

The envoy said President Buhari and his counterpart,  Teodoro Obiang Nguema Mbasogo of Equatorial Guinea had during the visit, discussed the need to diversify their countries’ economies from oil which is the mainstay of the economies of the two nations.

“They found the need to diversify their economies, under an Economic Development Plan called Horizon 2020.

They have invited investors to come and invest’’.

On security, Mr Echi, said the two leaders signed a bilateral agreement on joint patrol and security policing of their borders and waters.

Buhari-obiang

“A very important agreement was signed; it is called a bilateral agreement on joint patrol and security policing of our borders.  A committee is expected to formed between us comprising of twenty members ten from each side. We will sit from time to time to arrange the patrol of waters and common borders, check crime and criminal activities in the  Gulf of Guinea.”

Mr. Echi says that when the agreement iss implemented. naval personnel and the military from both countries will patrol these areas to check criminal activities.

The high point of the visit according to Ambassador Echi was the conferment of the highest national honour of the Republic of Equatorial Guinea on President Muhammadu Buhari for his exemplary leadership style and courage to fight terrorism in order to ensure peace and safety in Africa.

President Buhari visited Equatorial Guinea in March this year.

The country, which covers twenty eight thousand square kilometers ,has a population of about one point two million people.