Lucky Obukohwo, Reporting
President Bola Tinubu has jetted out of the country for a far-reaching Summit in France.
The summit is Paris Summit for the New Global Financial Pact.
Truth Live News reports that 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 two-day summit, which will be hosted by President Emmanuel Macron of France, will be held at Palais Brongniart, from June 22-23, 2023.
A statement signed by the Special Adviser, Special Duties, Communication and Strategy, Dele Alake and made available to newsmen said, 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.
The statement said that leaders will consider 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.
The statement further said that, 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 the COVID-19 pandemic, and rising cases of poverty, with a view to providing access to finance and investment that will leverage inclusive growth.