Nigeria and Equatorial Guinea have signed pacts on a number of areas, including petroleum and security.
The agreements were reached shortly before a dinner organised in President Bola Ahmed Tinubu’s honour by host President Teodoro Mbasogo in Malabo yesterday.
During the dinner, President Tinubu emphasised the importance of peace and unity in catalysing Africa’s development.
He stated that “the time is now” for the continent to be in charge of solving its problems. The Nigerian leader highlighted the brain drain and talent loss Africa faces due to poverty, archaic judicial systems and tribalism.
He advised that these issues must be addressed to foster development. President Tinubu also appealed to international organisations to invest more in African research and development.
He said: “We have to work together to make peace the focus of our development in order to really develop. Without peace you cannot develop.
“Our problem is not that we don’t know what to do, we identify them, we understand what to do, our problem is how and when we should do them and I say the time is now. “We better roll our sleeves, put on our nickers and move for peace, stability and progress.”
