The signing ceremony took place at the headquarters of the Economic Community of West African States (ECOWAS) in Abuja.

Simultaneously, the project's steering committee convened at the ECOWAS headquarters to discuss the project's progress and strategic direction.

The MoUs were signed between the Nigerian National Petroleum Company Limited and the Office National des Hydrocarbures et des Mines of Morocco, as well as the Société Nationale des Opérations Pétrolières of Cote d’Ivoire, the National Oil Company of Liberia, the Société Nationale des Hydrocarbures of Benin, and the Société Nationale des Pétroles of the Republic of Guinea.

These MoUs reaffirm the commitment of all parties to the strategic project, following previous agreements with ECOWAS, Mauritania, Senegal, The Gambia, Guinea-Bissau, Sierra Leone, and Ghana. The Nigeria-Morocco Gas Pipeline Project aims to enhance the monetization of natural gas resources in these African countries and provide an alternative export route to Europe.

Sediko Douka, the Commissioner for Infrastructure, Energy, and Digitalization at the ECOWAS Commission, highlighted the project's significance, stating that it is valued at approximately $30 billion and will have a massive impact on the African continent upon completion. He emphasized that private sector funding, rather than government financing, will play a crucial role in realizing the project.

Regarding the timeline for completion, Douka acknowledged the complexity of the project and anticipated road shows and roundtable forums to attract investors.

He also emphasized that the gas pipeline project will contribute to strengthening the region's electricity production, promoting industrial and agricultural development, and facilitating the transition to cleaner energy sources.

The signing of the MoUs occurred alongside the steering committee meeting of the Nigeria-Morocco Gas Pipeline Project, attended by representatives from ECOWAS and all participating countries. The project aims to accelerate access to energy, improve living conditions, enhance economic integration, and combat desertification.

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPC), expressed gratitude to the Nigerian government for entrusting the oil firm with this strategic project, recognizing it as a significant undertaking for the national energy company.