Tinubu Leads Ministers and Industrialists to G-20 Summit Today

President Bola Tinubu led some ministers and industrialists to attend the G-20 Leaders’ Summit in New Delhi, India. The visit which is based on the special invitation of Indian Prime Minister, Narendra Modi aligns with Tinubu’s strategic investment drive.

A statement released by the presidential spokesperson, Ajuri Ngelale revealed that Minister of Foreign Affairs, Amb. Yusuf Tuggar; his Finance counterpart, Wale Edun; Minister of Communications, Innovation, and Digital Economy; Dr. Bosun Tijani and that of Industry, Trade, and Investment, Dr Doris Uzoka-Anite accompanied the president on the trip.

In the statement, the presidential spokesperson noted that Tinubu has continued to consult widely on the benefits and risks of joining the global economic power bloc.

Tinubu’s reason for seeking G-20 membership

The statement stated that Tinubu’s consultations are “consistent with his desire to democratise foreign policy and articulate policy formulation and implementation through a Whole-of-Society and a Whole-of-Government approach that achieves the nation’s long-term strategic objectives.”

It also noted that “Once consultations are concluded, government will decide whether or not to apply to join as appropriate.”

Tinubu to market Nigeria to G-20 countries

The president also intends to use the opportunity to highlight Nigeria’s attractiveness as an investment destination, specifically outlining his cross-sectoral reform plan as encapsulated by the Renewed Hope Agenda.

Also, Tinubu aims to leverage the platform to attract global capital and promote increased foreign direct investments in key labour-intensive sectors of Nigeria’s economy for job creation and revenue expansion.

On the summit’s sidelines, the president would participate in and deliver keynote addresses at the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference.

According to the statement, 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.

At the G20 Summit, Tinubu is also 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.