President Bola Tinubu has left Abuja for Paris to join his counterparts from across the world at the Paris Summit for the New Global Financial Pact.
Tinubu’s official Gulfstream jet departed the Presidential Wing of the Nnamdi Azikiwe International Airport at 11:30 am Tuesday for his first foreign trip as president.
The President would be attending a two-day summit, to be hosted by President Emmanuel Macron of France, at Palais Brongniart, from June 22-23, 2023.
The President while in Paris, will “participate, review and sign a New Global Financial Pact that places vulnerable countries on priority list for support and investment, following the 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.
The summit will look into 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.
Presidential spokesperson Dele Alake said President Tinubu and the other global leaders, multilateral institutions, financial experts and economists will holistically review 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.
Tinubu, who will be accompanied by members of the Presidential Policy Advisory Council and senior government officials, returns on Saturday.
