Cover

President Tinubu to participate in Paris summit for new global financial pact

By Faith Awa Maji

President Bola Ahmed Tinubu will on Thursday, June 22, join world leaders in Paris, France, to review and sign a New Global Financial Pact that places vulnerable countries on priority list for support and investment, following devastating impact of climate change, energy crisis, and after effect of the COVID-19 pandemic.

The President will participate in the two-day Summit, June 22 and 23, that looks at opportunities to restore fiscal space to countries that face difficult short-term financial challenges, especially the most indebted; mobilize innovative financing for countries vulnerable to climate change; foster development in low-income countries, and encourage investment in “green” infrastructure for the energy transition in emerging and developing economies.

President Tinubu and the other global leaders, multilateral institutions, financial experts and economists will take a more holistic look at the recovery of economies from the impact of COVID-19 pandemic, and rising cases of poverty, with a view to providing access to finance and investment that will leverage inclusive growth.

A Statement by the Special Adviser to President Tinubu on Special Duties, Communication and Strategy Dele Alake noted that the Summit, which will be hosted by President Emmanuel Macron of France, will be held at Palais Brongniart.

The President will be accompanied by members of the Presidential Policy Advisory Council and senior government officials. He will return to Abuja on Saturday.

Related Posts

$100bn Climate Change Fund: Why Nigeria, Others Can’t Access Facility – Prof. Matazu

Faith Maji's NewsHub

Who Will Fix Nigeria’s Security Mess?

Faith Maji's NewsHub

Boris Johnson Expresses Concerns over Nigeria’s Prolonged Insecurity as Buhari Blames Gadaffi for Havoc

Faith Maji's NewsHub

Ambrose Alli University: School Authority Debunks Increase in Fees

Faith Maji's NewsHub

N6.405trn Tax: FIRS Commends NLGC, Mobil Producing, Others for Being Nigeria’s Top Tax-Contributors

Faith Maji's NewsHub

Buhari Accuses Banks as Drawback to FG’s Cashless Policy, Charts Way Forward

Faith Maji's NewsHub

Positioning Nigerian Women for Political and Economic Activities: The Urgency of Now

Faith Maji's NewsHub

Lassa Fever Hits Edo, Commissioner Says 14 Deaths Unacceptable

Faith Maji's NewsHub

At UN, Nigeria’s Apex Tax Authority Calls for Enforcement of Fair Int’l Tax Practices

Faith Maji's NewsHub

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.