President Bola Tinubu has left Abuja for Paris to attend the Paris Summit for the New Global Financial Pact with his international counterparts.
Tuesday at 11:30 a.m., Tinubu’s official Gulfstream jet departed the Presidential Wing of the Nnamdi Azikiwe International Airport for his first overseas journey as president.
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The two-day summit will be held in Palais Brongniart on June 22–23, 2023, and will be hosted by French President Emmanuel Macron.
While in Paris, the President will “participate, 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,” a statement signed by the Special Adviser, Special Duties, Communication and Strategy, Dele Alake, read on Monday.
Leaders will take into account opportunities to reclaim fiscal space for nations facing challenging short-term financial challenges, particularly the most indebted; mobilise creative financing for nations vulnerable to climate change; promote development in low-income countries; and encourage investment in “green” infrastructure for the energy transition in emerging and developing economies.
Alake claimed that in order to provide access to financing and investment that will leverage inclusive growth, President Tinubu and other world leaders, multilateral organisations, financial experts, and economists will examine the recovery of economies from the COVID-19 pandemic’s effects and rising cases of poverty more comprehensively.
Tinubu, who returns on Saturday, will be accompanied by members of the Presidential Policy Advisory Council and senior government officials.
