President Bola Ahmed Tinubu is to depart Nigeria for France on Thursday.
The visit, according to Nigeria’s Presidency is to enable the President rub minds with other world leaders in Paris to assess and endorse a new Global Financial Pact aimed at prioritizing support and investment for vulnerable countries.
This is coming as the global community faces the devastating consequences of climate change, energy crises, and the aftermath of the COVID-19 pandemic.
Dele Alake, the Special Adviser to the President on Special Duties, Communication, and Strategy made the announcement in a statement released in Abuja.
The statement explained that the President would participate in the 2-day summit taking place on June 22 and 23.
The summit, according to the statement, would focus on finding opportunities to restore fiscal stability in countries grappling with short-term financial challenges, particularly those burdened by significant debts.
The gathering is also to generate innovative financing solutions for countries vulnerable to climate change, promote development in low-income nations, and encourage investments in environmentally-friendly infrastructure to facilitate the energy transition in emerging and developing economies.
During the Summit, Alake said, President Tinubu, alongside other global leaders, multilateral institutions, financial experts, and economists, would holistically examine the recovery of economies from the impact of the COVID-19 pandemic, as well as address the rising poverty rates, and provide access to finance and investments that could foster inclusive growth.
The summit, to be held at Palais Brongniart, would be hosted by President Emmanuel Macron of France.
Accompanying the President on the trip are members of the Presidential Policy Advisory Council and senior government officials.
President Tinubu is expected back in Anuja on Saturday.