G20 Summit: Tinubu and ministers arrive in India to attract investors
Nigerian President Bola Tinubu will leave Abuja for New Delhi, India on Monday to attend the G20 Leaders Summit.
Tinubu is attending the two-day summit at the special invitation of Indian Prime Minister Narendra Modi, according to a statement signed by his special adviser for media and publicity, Ajuri Ngelale, read on Sunday.
In the statement titled "President Tinubu Set to Attend G20 Summit in India with Investment Attraction High on Nigeria's Agenda", Ngelale revealed that the President is keen to leverage the platform to attract global capital and promote increased foreign capital. direct investments in key labour-intensive sectors of the Nigerian economy for job creation and increased incomes.
"He will use this opportunity to highlight Nigeria's attractiveness as an investment destination, specifically outlining its cross-sector reform plan as summarized in the Renewed Hope programme.< /p>
"Given the President's proven track record in attracting investment to Lagos State, major industrialists sought separate private engagements with him during the summit," perhaps we read in part.
On the sidelines of the summit, President Tinubu will attend and deliver opening remarks at the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference.
The CEO Roundtable will bring together leading industrialists from the Indian private sector, Nigerian industrialists, as well as senior government officials from both countries.
His itinerary will also include bilateral meetings with a cross section of world leaders from four different continents, representing both G20 and non-G20 countries.
“These commitments aim to strengthen bilateral economic, trade and investment partnerships for mutual benefit,” Ngelale said.
At the G20 Summit, the Nigerian leader is expected to share his country's perspective on "One Land, One Family, One Future", which demonstrates the global unity required to meet the challenges facing humanity. and the planet.
Although Nigeria is not yet a member of the G20 bloc founded in September 1999, the presidential aide said Tinubu's attendance at the summit was, in part, in pursuit of its goal of making the country a member of the bloc.
He noted that while Nigeria's membership in the bloc is desirable, the Tinubu-led government has embarked on extensive consultations to determine the benefits and risks of membership.< /p>
"This is consistent with the President's desire to democratize foreign policy and articulate policy formulation and implementation through a whole-of-society, whole-of-government approach that achieves long-term goals. term of the nation. strategic targets. »
President Tinubu at the G20 summit in India is part of the pursuit of this objective.
"Once the consultations are complete, the government will decide whether or not to apply for membership, if any," he adds.
President Tinubu is accompanied on his mission by the Ministers of Foreign Affairs, Yusuf Tuggar; the Minister of Finance and Economic Coordination, Wale Edun; Communications, Innovation and Digital Economy, Dr Bosun Tijani, Industry, Trade and Investment, Dr Doris Uzoka-Anite.
India becomes Tinubu's sixth foreign destination and first in Asia since he took office on May 29, 2023.
So far, he has visited the Republic of Benin, France, Guinea-Bissau, Kenya and the United Kingdom.
With an expected duration of six days in New Delhi, Tinubu would spend 19 days out of the country so far.
He is expected to return to Nigeria immediately after the conclusion of the Summit.
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Nigerian President Bola Tinubu will leave Abuja for New Delhi, India on Monday to attend the G20 Leaders Summit.
Tinubu is attending the two-day summit at the special invitation of Indian Prime Minister Narendra Modi, according to a statement signed by his special adviser for media and publicity, Ajuri Ngelale, read on Sunday.
In the statement titled "President Tinubu Set to Attend G20 Summit in India with Investment Attraction High on Nigeria's Agenda", Ngelale revealed that the President is keen to leverage the platform to attract global capital and promote increased foreign capital. direct investments in key labour-intensive sectors of the Nigerian economy for job creation and increased incomes.
"He will use this opportunity to highlight Nigeria's attractiveness as an investment destination, specifically outlining its cross-sector reform plan as summarized in the Renewed Hope programme.< /p>
"Given the President's proven track record in attracting investment to Lagos State, major industrialists sought separate private engagements with him during the summit," perhaps we read in part.
On the sidelines of the summit, President Tinubu will attend and deliver opening remarks at the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference.
The CEO Roundtable will bring together leading industrialists from the Indian private sector, Nigerian industrialists, as well as senior government officials from both countries.
His itinerary will also include bilateral meetings with a cross section of world leaders from four different continents, representing both G20 and non-G20 countries.
“These commitments aim to strengthen bilateral economic, trade and investment partnerships for mutual benefit,” Ngelale said.
At the G20 Summit, the Nigerian leader is expected to share his country's perspective on "One Land, One Family, One Future", which demonstrates the global unity required to meet the challenges facing humanity. and the planet.
Although Nigeria is not yet a member of the G20 bloc founded in September 1999, the presidential aide said Tinubu's attendance at the summit was, in part, in pursuit of its goal of making the country a member of the bloc.
He noted that while Nigeria's membership in the bloc is desirable, the Tinubu-led government has embarked on extensive consultations to determine the benefits and risks of membership.< /p>
"This is consistent with the President's desire to democratize foreign policy and articulate policy formulation and implementation through a whole-of-society, whole-of-government approach that achieves long-term goals. term of the nation. strategic targets. »
President Tinubu at the G20 summit in India is part of the pursuit of this objective.
"Once the consultations are complete, the government will decide whether or not to apply for membership, if any," he adds.
President Tinubu is accompanied on his mission by the Ministers of Foreign Affairs, Yusuf Tuggar; the Minister of Finance and Economic Coordination, Wale Edun; Communications, Innovation and Digital Economy, Dr Bosun Tijani, Industry, Trade and Investment, Dr Doris Uzoka-Anite.
India becomes Tinubu's sixth foreign destination and first in Asia since he took office on May 29, 2023.
So far, he has visited the Republic of Benin, France, Guinea-Bissau, Kenya and the United Kingdom.
With an expected duration of six days in New Delhi, Tinubu would spend 19 days out of the country so far.
He is expected to return to Nigeria immediately after the conclusion of the Summit.
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