May 17, 2024

Tinubu to Attend Paris Summit for New Global Financial Pact

Tinubu to Attend Paris Summit for New Global Financial Pact

Tinubu to Attend Paris Summit for New Global Financial Pact

 

By: Ogunleye Oluwapelumi

 

Nigeria’s President, Bola Ahmed Tinubu, will join world leaders in Paris, France, for the Paris Summit for a New Global Financial Pact. The two-day summit, hosted by President Emmanuel Macron of France, will take place on June 22 and 23, and will focus on restoring fiscal space to countries facing financial challenges, mobilizing innovative financing for countries affected by climate change, fostering development in low-income countries, and encouraging investment in “green” infrastructure for the energy transition in emerging and developing economies.

President Tinubu’s participation in the summit will provide an opportunity for Nigeria to leverage inclusive growth and access to finance and investment. The summit will also offer a platform for the President to engage with other global leaders, multilateral institutions, financial experts, and economists to discuss the recovery of economies from the impact of COVID-19 pandemic and rising cases of poverty.

President Tinubu will be accompanied by members of the Presidential Policy Advisory Council and senior government officials. The President is expected to return to Abuja on Saturday, June 24. The summit will be held at Palais Brongniart, and will provide an opportunity for world leaders to review and sign a new global financial pact that prioritizes vulnerable countries for support and investment.

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