On the special invitation of the Indian Prime Minister Narendra Modi, President Bola Tinubu will leave Abuja on Monday for the G-20 Leaders’ Summit in New Delhi, India, in an effort to draw in foreign direct investment.
This information was released in a statement on Sunday by Ajuri Ngelale, the president’s special adviser on media and publicity.
The President will take part in and give opening remarks at the Nigeria-India Business Conference and the Nigeria-India Presidential Roundtable, which will take place in conjunction with the summit.
Senior government officials from both Nigeria and India, as well as prominent businesses, will attend the CEO roundtable.
In the statement, Ajuri stated that Tinubu intended to use this platform to draw in international capital and encourage more foreign direct investments in crucial labor-intensive sectors of the Nigerian economy for the purpose of increasing employment and revenue.
“Moreover, he will use this opportunity to highlight Nigeria’s attractiveness as an investment destination, specifically outlining his cross-sectoral reform plan encapsulated by the Renewed Hope Agenda.
“Given the President’s renowned experience attracting investment to Lagos State, leading industrialists have sought separate private engagements with him at the summit.
“The President’s itinerary will also feature bilateral meetings with a cross-section of world leaders from four continents, representing G-20 and non–G20 countries.
“These engagements are geared towards strengthening bilateral economic, trade, and investment partnerships for mutual benefit.
“At the G20 Summit, the Nigerian leader is expected to share Nigeria’s perspective on the theme, “One Earth, One Family, One Future,” which speaks to the global unity required to address the challenges facing humanity and the planet.
“With its collective contribution of up to 80% of global GDP, 75% of international trade, and housing 60% of the world’s population, the G-20 constitutes a significant economic power bloc of socio-economic opportunity and geo-political stability,” he stated.
Minister of Foreign Affairs, Yusuf Tuggar; Minister of Finance and Coordinating Minister of the Economy, Wale Edun; Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani; and Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite, are part of Tinubu’s team to the summit.