Nam/Nigeria oil refinery to be established at Walvis Bay

25 Mar 2014 10:30am
WINDHOEK, 25 MAR (NAMPA) - The governments of Nigeria and Namibia are planning to construct a joint oil refinery at Walvis Bay to maximise co-operation in the area of energy.
This decision was taken during Nigerian president Goodluck Jonathan’s two-day State visit to Namibia on the invitation of his counterpart, President Hifikepunye Pohamba last week.
“In particular, the two presidents expressed the need to maximise co-operation in the area of energy.
They urged the private sectors of both countries to work towards a speedy realisation of the proposed joint oil refinery at Walvis Bay,” a joint communique issued on Monday indicated.
Pohamba and Jonathan also commended the hosting of a business forum by private sector stakeholders from the two countries on the margins of the State visit.
They urged the private sector stakeholders of both countries to take advantage of the abundant business opportunities to optimise trade and commerce between the two countries.
The two presidents reiterated the link between peace, stability and development.
In this context, they welcomed the vision of the African Union (AU), as embodied in Agenda 2063. In particular, they called for enhanced inter-Africa-trade and cooperation.
Pohamba and Jonathan furthermore called for continued consultations and exchanging of views at regional and international levels on issues of common interest.
On regional level, the presidents reviewed the flashpoints of conflict in Africa, and called for support for efforts at both regional and multilateral levels to address these crises.
Both presidents affirmed their commitment to the advancement of women, and particularly to their increased participation in decision-making.
In this connection, they recalled the visit of Nigerian businesswomen to Namibia in 2013, and called for greater interaction between the women of both countries.
“President Pohamba and President Jonathan applauded the excellent state of bilateral relations existing between the two countries. They reaffirmed their commitment to enhancing and deepening these relations.
In this context, the two sides welcomed the decision to convene the next session of the joint commission in July 2014 in Namibia,” it added.
Jonathan and his 56-member delegation arrived in Namibia last Thursday, and departed for Nigeria on Friday.