President Bola Tinubu Embarks On Paris Trip To Sign New Global Financial Pact

President Bola Tinubu of Nigeria has departed for Paris, France, where he will join world leaders in reviewing and signing a New Global Financial Pact.

The pact aims to prioritize support and investment for vulnerable countries affected by climate change, the energy crisis, and the COVID-19 pandemic.

Earlier today, President Tinubu took a helicopter from the Presidential Villa to the Nnamdi Azikiwe International Airport, where he received a warm welcome from state governors, government officials, and military personnel.

According to a statement issued on Monday by Dele Alake, Special Adviser for Special Duties, Communication, and Strategy, the President will attend a two-day summit on June 22 and 23. The summit will focus on exploring opportunities to restore fiscal space for countries facing significant short-term financial challenges, particularly those burdened with high levels of debt.

President Tinubu, along with other global leaders, multilateral institutions, financial experts, and economists, will adopt a comprehensive approach to the economic recovery from the COVID-19 pandemic and the increasing poverty rates. The primary objective is to provide countries with access to finance and investment opportunities that can facilitate inclusive growth.

The President is expected to return on Saturday, accompanied by members of the Presidential Policy Advisory Council and other government officials. Their participation in the summit reflects Nigeria’s commitment to addressing the pressing global challenges and seeking collaborative solutions for a sustainable and equitable recovery.