TINUBU TO ATTEND GLOBAL SUMMIT IN PARIS
President Bola Ahmed Tinubu is expected to depart Nigeria for Paris, France on Tuesday, where he would meet with other world leaders on Thursday, to review and sign a New Global Financial Pact that places vulnerable countries on priority list for support and investment, following devastating impact of climate change, energy crisis, and after effect of the COVID-19 pandemic.
This was disclosed via a statement issued by Dele Alake, Special Adviser to the President on Special Duties, Communication and Strategy.
According to the statement, the two-day Summit, which takes place on June 22 and 23, looks at opportunities to restore fiscal space to countries that face difficult short-term financial challenges, especially the most indebted; mobilize innovative financing for countries vulnerable to climate change; foster development in low-income countries, and encourage investment in “green” infrastructure for the energy transition in emerging and developing economies.
The World leaders, multilateral institutions, financial experts and economists will take a more holistic look at the recovery of economies from the impact of COVID-19 pandemic, and rising cases of poverty, with a view to providing access to finance and investment that will leverage inclusive growth.
The Summit, which will be hosted by President Emmanuel Macron of France, will be held at Palais Brongniart.
The President will be accompanied by members of the Presidential Policy Advisory Council and senior government officials. He will return to Abuja on Saturday.
More Stories
WORLD NEWS: ISRAEL AGREES TO CEASEFIRE WITH HEZBOLLAH
Israeli Prime Minister Benjamin Netanyahu said he would bring a US-brokered proposal for a ceasefire with Hezbollah in Lebanon to...
(SPORTS) UCL: MAN CITY BLOW 3-0 LEAD TO DRAW FEYENOORD
Agency Report The English champions did snap a five-game losing streak but did little to boost confidence ahead of Sunday’s...
FORMER PRESIDENT JONATHAN ADVOCATES MORE UNITED NIGERIA
Ex-President Goodluck Jonathan on Tuesday in Effurun, Delta State canvassed for “a more united Nigeria”. Jonathan, while speaking as the...
NLC APPLAUDS GOV FOR PAYING N71,000 MINIMUM WAGE IN KANO
The Kano State Council of the Nigeria Labour Congress has commended Governor Abba Yusuf for fulfilling his promise to implement...
POLICE ARREST TWO SYNDICATES ALLEGEDLY ENFORCING SIT-AT-HOME ORDERS IN ANAMBRA
Operatives of the Anambra State Police Command have arrested two members of an armed robbery syndicate allegedly enforcing illegal sit-at-home...
UPDATE: SENATE PUSHES FOR 20% CASSAVA INCLUSION IN FLOUR PRODUCTS
The Senate has passed for a second reading a bill that seeks the inclusion of 20 per cent high-quality cassava...