Embark on a journey of knowledge! Take the quiz and earn valuable credits.
Challenge yourself and boost your learning! Start the quiz now to earn credits.
Unlock your potential! Begin the quiz, answer questions, and accumulate credits along the way.
Embark on a journey of knowledge! Take the quiz and earn valuable credits.
Challenge yourself and boost your learning! Start the quiz now to earn credits.
Unlock your potential! Begin the quiz, answer questions, and accumulate credits along the way.
+10 pts
What is Joint Development Zone mean?
The Nigeria – São Tomé and Príncipe Joint Development Authority is an organization established by treaty that regulates the two countries' Joint Development Zone in the Bight of Bonny. The Joint Development Zone is along the maritime Nigeria – São Tomé and Príncipe border.
The Joint Development Zone is an area in the region of the Nigeria – São Tomé and Príncipe boundary region that is speculated to be rich in oil and gas reserves. Because neither country could have explored the resources in the zone without interfering with the maritime territory of the other country, the countries agreed in a treaty to create a joint development authority that would assist both countries in benefitting from the economic potential of the zone.
The Joint Development Authority has its head office located in Abuja, Nigeria. It was created by the Treaty between the Federal Republic of Nigeria and the Democratic Republic of São Tomé and Príncipe on the Joint Development of Petroleum and other Resources, in respect of Areas of the Exclusive Economic Zone of the Two States. The treaty was signed in Abuja on 21 February 2001.
referencePosted on 29 Dec 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
Turn Your Knowledge into Earnings.
Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.
OPEN APP
Click "Allow Notifications" in Your Browser to Access Quiz and Earn Rewards! 🚀
Write Your Comments or Explanations to Help Others