TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

Nigeria opens its gas reserves for entire West Africa

Bishnu Rathi by Bishnu Rathi
December 8, 2022
in Africa
Gas Nigeria
Share on FacebookShare on X

Nigeria gas reserves: Russia supplied nearly 40% of the European Union’s gas consumption last year, therefore the bloc is attempting to quell the crisis brought on by Moscow’s gas supply cuts. As the worst energy scenario for Europe becomes a reality, it has come to the realisation that the US can do nothing to save Europe from an imminent catastrophe. Biden’s misguided policies have already caused considerable chaos in the US, which is also experiencing a serious gas and oil problem. As a result, in an effort to diversify their energy supplies, European nations made an effort to engage with Africa.

The Russo- Ukraine war has thus ignited the importance of the resource-rich continent Africa. Gasping for oil and energy supplies, the Western nations have started a new scramble for Africa.  United States Secretary of State Antony Blinken recently visited three African Union (AU) member-states in August in an attempt to rejuvenate ties. German chancellor Olaf Scholz tried to gain support of the Africa nations during his first visit to Africa in May. Even, French President Macron journeyed to Africa in June to “renew relationships” with the continent. But all their attempts to woo the African nations have failed miserably.

Also Read

Now France has a major power outage at Cannes, is Europe going backwards?

No more West: Africa gears up for big security meet in Russia as 40 African nations to gather in Moscow

Trump tariff wars cutting down business deals from Europe?

In the wake of global protectionism brought on by the COVID-19 epidemic, Africa has begun to comprehend the significance of self-sufficiency. Additionally, the crisis that wreaked havoc on Europe due to its excessive dependence on Russian energy sources has only served to incentivise African countries to commence reducing their reliance on Western countries.

Recently, Five tripartite Memoranda of Understanding (MoUs) were signed on Monday in Rabat, within the framework of the Nigeria-Morocco Gas Pipeline project.

These MoUs were signed respectively and successively by Morocco and Nigeria, on the one hand, and by Gambia, Guinea Bissau, Guinea, Sierra Leone and Ghana, on the other.

These agreements’ signing attests to the countries’ determination to see this strategic project through as well as their commitment to contributing to its completion.

Owing to a sustainable and dependable gas supply that honours the continent’s obligations to environmental preservation, this flagship infrastructure will help to enhance the living circumstances of the population, integrate the economies of the sub-region, and reduce desertification. A new economic, political, and strategic dimension for Africa will be feasible thanks to the strategic project, which will benefit the entire West African region, which is home to more than 440 million people.

You see, the project is being carried out amid a geopolitical environment characterised by a high demand for gas and oil on a global scale and a rise in prices as a result of Ukraine-Russia crisis. Many nations, especially those in Europe, are working to lessen their reliance on Russian supply. Perhaps, Nigeria along with other African nations could soon step up as an alternative gas supplier for the globe.

To be clear, Western countries have always used subsidies and aids as a smokescreen to hide their “sustained looting” as the host countries lose nearly billions of dollars per year through infrastructure delays, loan repayments, and the flight of profits earned by foreign multinational corporations. The goal is to exploit the vulnerabilities of smaller countries, pulverise them in a web of aid and dependency, and then loot them of their resources.

But Nigeria understands this treacherous game of the West. Well, there is no uncertainty about Nigeria’s prominence in the international economy. Nigeria is one of the largest nations in Africa and one of the largest oil producers in the world, giving it a commanding clout that no other country on the continent can emulate. Nigeria has a strong mining sector outside of oil, with several resources dispersed around the nation that are yet largely unexplored.

Nigeria’s relative power and wealth are now widely acknowledged throughout Africa, Europe, and other parts of the world. Thus, when an emerging power like Nigeria spearheads the battle against Western imperialism, it means business.

Without a doubt, the recent project would augment energy availability and open a new episode in Africa’s quest with economic development. For long, Western countries have pillaged the African continent. The wealth of the West was built on Africa’s enslavement. However, today, the European nations are being hoisted by their own petard. Now, Africa has the negotiating leverage to steer any proposed agreement with the West in a way that benefits it. Europe’s problems are expected to worsen as Africa strives to eradicate energy poverty and achieve self-sufficiency. In other words, Europe has no port in a storm.

https://www.youtube.com/watch?v=ziuKUYaNHis

Tags: AfricaEuropegasmoroccoNigeriaPipelinereserveReservesShort takesUSWestWest Africa
ShareTweetSend
Bishnu Rathi

Bishnu Rathi

Bishnu Rathi, Associate Editor (Global Desk, English) at TFI Media. Undergrad student from Shaheed Bhagat Singh College, Delhi University. I am a geopolitical aficionado with an adherence to Mearsheimerian Realism.

Also Read

Military Government Bans All Political Parties in Mali

Military Government Bans All Political Parties in Mali, a Big Blow to Democracy

May 17, 2025
Why Young Africans Are Rallying Behind Traoré ?

Why Young Africans Are Rallying Behind Traoré ?

May 13, 2025
Africa's AI Moment: A Quest for Catching Up the Race

Africa’s AI moment: Continent gears up for global tech race

April 5, 2025
Trump Administration Officially to Shut Down USAID

USAID Funding Controversy: Nigeria and India Launch Investigations

March 21, 2025
Violence, displacements overwhelm healthcare system in Sudan

Violence, displacements overwhelm healthcare system in war torn Sudan: UN

March 12, 2025
South Africa land reform; Trump's Hypocrisy

South Africa land reforms, take on the hypocrisy of the west?

February 8, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.