Nigerian President Bola Tinubu is all set to visit Delhi to attend the G20 summit scheduled to take place on September 9-10.
According to an official statement released by the Special Adviser to the President, Ajuri Ngelale, Tinubu will participate and deliver keynote addresses at both the Nigeria-India Presidential Round Table and the Nigeria-India Business Conference on the sidelines of the G20 Summit.
The President wants to use this platform to attract global capital and encourage increased foreign direct investment in key labour-intensive sectors of the Nigerian economy to create jobs and increase revenue.
He will also use the opportunity to highlight Nigeria’s attractiveness as an investment destination, specifically outlining his agenda for cross-cutting reforms as embodied in the Renewed Hope agenda, according to the statement.
The President will also hold bilateral meetings with a cross-section of world leaders from four different continents, representing G-20 and non-G20 countries. These collaborations are aimed at strengthening bilateral economic, trade and investment partnerships for mutual benefit, as stated in the statement.
The Nigerian leader is expected to share Nigeria’s vision at the G20 summit on the theme of “One Earth – One Family – One Future”, which speaks to the global unity needed to address the challenges facing humanity and the planet.
With their combined contribution to 80 percent of global GDP, 75 percent of international trade and housing for 60 percent of the world’s population, the G-20 represents an important economic powerhouse of socio-economic opportunity and geopolitical stability.
Although Nigeria’s membership of the G-20 is desirable, the government has embarked on extensive consultations to determine the benefits and risks of membership.
The Group of Twenty (G20) consists of 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom and United countries of America) and the European Union.
On December 1 last year, India took over the chairmanship of the G20 with the theme ‘One Earth, One Family, One Future’.
(Other than the headline, this story has not been edited by NDTV staff and is published from an aggregate source.)
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