Nigeria’s President, Bola Tinubu, is set to depart from Abuja for New Delhi, India, to participate in the G-20 Leaders’ Summit, following a special invitation from Indian Prime Minister Narendra Modi. According to a statement released by his Special Adviser on Media and Publicity, Ajuri Ngelale, the President’s primary objective is to leverage the summit to attract global investments and promote foreign direct investment in key labor-intensive sectors of Nigeria’s economy, with a focus on job creation and revenue expansion.
During the two-day summit, President Tinubu plans to showcase Nigeria’s appeal as an investment destination, emphasizing his cross-sectoral reform plan encapsulated by the Renewed Hope Agenda. Given his track record of attracting investments to Lagos State, prominent industrialists have sought private engagements with him during the summit.
On the sidelines of the event, President Tinubu will participate in and deliver keynote addresses at the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference. These events will be attended by leading figures in the Indian private sector, Nigerian industrialists, and senior government officials from both countries.
The President’s itinerary also includes bilateral meetings with leaders from various countries, both within and outside the G-20, representing a wide range of continents. These meetings are aimed at strengthening economic, trade, and investment partnerships for mutual benefit.
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At the G-20 Summit, President Tinubu is expected to share Nigeria’s perspective on the theme, “One Earth-One Family-One Future,” emphasizing the need for global unity to address the challenges facing humanity and the planet.
While Nigeria is not yet a member of the G-20, the President’s participation in the summit aligns with his objective to seek membership for the country in the future. The government has embarked on extensive consultations to evaluate the benefits and risks of joining the bloc.
Accompanying President Tinubu on this mission are several key ministers, including the Ministers of Foreign Affairs, Finance and Coordinating Minister of the Economy, Communications, Innovation and Digital Economy, and Industry, Trade, and Investment.
This trip marks President Tinubu’s sixth foreign visit and his first to Asia since assuming office on May 29, 2023. With an expected stay of six days in New Delhi, the President will have spent a total of 19 days abroad. He is scheduled to return to Nigeria immediately after the conclusion of the G-20 Summit.