PRESIDENT TINUBU TO ATTEND G-20 WORLD LEADERS SUMMIT IN NEW DELHI, INDIA. 03/09/23
By: Sadiq Aminu President Bola Tinubu will depart Abuja tomorrow (Monday) to attend the G-20 Leaders’ Summit in New Delhi, India, on the special invitation of Indian Prime Minister, Narendra Modi.
On the sidelines of the Summit, the President will participate in and deliver keynote addresses at both the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference.
A statement says the CEO Roundtable will be attended by leading industrialists in the Indian private sector, Nigerian industrialists, as well as senior government officials from both countries.
Signed by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale, the President aims to leverage the platform to attract global capital and promote increased foreign direct investments in key labour-intensive sectors of Nigeria’s economy for job creation and revenue expansion.
The President will use the opportunity to highlight Nigeria’s attractiveness as an investment destination, specifically outlining his cross-sectoral reform plan as encapsulated by the Renewed Hope Agenda.
The statement explains that leading industrialists have sought separate private engagements with the President at the summit.
It says the President’s itinerary will also feature bilateral meetings with a cross-section of world leaders from four different continents, representing both G-20 and non–G20 countries, geared towards strengthening bilateral economic, trade, and investment partnerships for mutual benefit.
At the G20 Summit, the President Tinubu is expected to share Nigeria’s perspective on the theme, “One Earth-One Family-One Future,” which speaks to the global unity required to address the challenges facing humanity and the planet.
With its collective contribution of up to 80% of global GDP, 75% of international trade, and housing 60% of the world’s population, the G-20 constitutes a significant economic power bloc of socio-economic opportunity and geo-political stability.
While Nigeria’s membership of the G-20 is desirable, the government has embarked on wide-ranging consultations with a view to ascertaining the benefits and risks of membership.
According to the statement, this is consistent with the desire of the President to democratise foreign policy and articulate policy formulation and implementation through a Whole-of-Society and a Whole-of-Government approach that achieves the nation’s long-term strategic objectives.
It points out that after consultations are concluded, the government will decide whether or not to apply to join as appropriate.
Accompanying President Tinubu on the mission are the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, the Minister of Finance and Co-ordinating Minister of the Economy, Mr. Wale Edun, Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, and the Minister of Industry, Trade, and Investment, Dr. Doris Uzo ka-Anite.
The statement says President Tinubu will return to Nigeria after the conclusion of the Summit.