Tinubu To Attract Foreign Capital To Nigeria At G-20 Summit In India

President Bola Tinubu will travel to India today to attend the G-20 Summit, a statement by Ajuri Ngelale, Special Adviser to the President on Media and Publicity, has said.

G-20 is a forward economic looking countries in developed and developing economies across the world, which includes the United States of America, USA, Canada, India etc.

According to the president’s spokesman, President Tinubu is attending the summit on a special invitation of the Indian Prime Minister Narendra Modi.

The president, according to his itinerary for commit is expected to participate in and deliver keynote addresses at both the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference.

He will also attend the Chief Executive Officer Roundtable to be attended by leading industrialists in the Indian private sector and Nigerian industrialists, as well as senior government officials from Nigeria and India.

According to the statement, President Tinubu’s main objective is to leverage the summit to attract foreign capital to the country.

“He will use this opportunity to highlight Nigeria’s attractiveness as an investment destination, specifically outlining his cross-sectoral reform plan as encapsulated by the Renewed Hope Agenda.

“Given the President’s renowned experience in 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 different continents, representing both 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.”

Last month, Vice President Shettima represented President Tinubu at the BRICS summit in South Africa. Following his return from the summit, the controversy on whether Nigeria applied to join the economic bloc has been an item in public discourse.