President Tinubu to attend G20 summit for economic development

In order to bring in private funding for the construction of the country's essential infrastructure, President Bola Tinubu will be at the G20 Summit, which will be held from September 9 to September 10 in New Delhi, India.

This information was provided on Friday in Abuja by Mr. Ajuri Ngelale, Special Adviser to the President on Media and Publicity. He stated that the summit was based on the urgent need to bring foreign direct investment into the nation.

The Group of Twenty (G20) is the main setting for economic cooperation on a global scale.

On all significant international economic issues, it plays a significant role in forming and strengthening the global architecture and governance.

According to Ngelale, the president will concentrate on meetings with corporate executives of the most important firms in the world to discuss investment in the crucial economic areas for job creation.

‘’We are focused on engagements that will be dealing with critical sectors of the national economy, involving steel development, electricity generation, transmission and distribution, shipyard building capacity, and several other industries, which we know to be labour intensive.

‘’Mr President will be hosting a CEO roundtable, which will be made up of more than 20 chief executive officers of major industries across multiple sectors of the Indian economy to ensure that we leverage on their interest in investing in the country.

‘’In addition, there will be at least five meetings with the CEOs of five major industries in India, including Jindal Steel and Power Company, among a few others that would have a very important impact on our ability to develop the steel sector in our country.’’

On the fringes of the G20, he said, Tinubu would also meet with the presidents of Brazil, President da Silva, Germany's Olaf Schulz, India's Narendra Modi, South Korea's Yoon Suk Yeol, and a few other heads of state.

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