President Tinubu will visit Paris and sign the global financial agreement


President Bola Tinubu is poised to embark on his first official trip as the nation’s leader, heading to Paris, France where he will reportedly sign a new Global Financial Pact that places vulnerable countries on a priority list for support and investment.

Tinubu’s travel plan was revealed on Monday by Special Adviser to the President on Special Duties, Communication and Strategy, Dele Alake

Accompanying the president on the trip will be members of the Presidential Policy Advisory Council and senior government officials to the summit scheduled to take place at Palais Brongniart.

The two-day summit will address the devastating impact of climate change, energy crisis, and the effects of the COVID-19 pandemic.

Hosted by French President Emmanuel Macron, it will also explore opportunities to restore fiscal space to countries that face difficult short-term financial challenges, especially the most indebted, mobilise 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 alongside other world leaders will holistically look at the recovery of economies from the impact of the COVID-19 pandemic, and rising cases of poverty, with a view to providing access to finance and investment that will leverage inclusive growth.

Also expected at the event are multilateral institutions, financial experts and economists.

Tinubu will return to Nigeria on Saturday, June 24.

Leave a reply