Tinubu Set To Lead Nigerian Delegation At G20 CwA Conference In Germany

Tinubu Leads Nigerian Delegation To G20 CwA Conference In Germany

1 min read

President Bola Tinubu will depart Abuja for Berlin this Saturday to participate in the G20 Compact with Africa (CwA) Conference, hosted by German Chancellor Olaf Scholz. Tinubu aims to forge alliances and attract investments.

In a statement from the President’s spokesperson, Ajuri Ngelale, the significance of his engagement at the conference was highlighted. Ngelale emphasized, “President Tinubu’s commitment to attracting foreign direct investment in Nigeria is resonating worldwide,” affirming Nigeria’s stance in the global economic landscape.

The conference is slated to witness high-level dialogues among Heads of State and Governments from CwA member countries, bilateral partners, and leaders of International Organizations.

The focal point of discussions revolves around intensifying economic cooperation across sectors encompassing energy, trade, infrastructure, and new technologies.

READ ALSO  The Alternative Bank's AltMall Offers Customers Exclusive Seasonal Product

READ ALSO: Why Tinubu Govt Is Against Borrowing To Fund 2024 Budget – Edun

Moreover, the Nigerian delegation accompanying President Tinubu includes key ministers, affirming Nigeria’s dedicated pursuit of robust diplomatic ties and economic engagements. Ajuri stated, “This visit also affirmed President Tinubu’s commitment to diplomatic reciprocity,” highlighting the importance of honoring the invitation extended by Chancellor Scholz following his visit to Nigeria.

The anticipated discussions stem from previous meetings held during Chancellor Scholz’s visit to Nigeria, where President Tinubu emphasized the imperative for increased German investment in various sectors like transportation, mining, and energy.

The burgeoning bilateral trade between Nigeria and Germany underscores the mutual economic growth potential between the two nations.

READ ALSO  NNPC Signs 2 Gas Deals At COP28

President Tinubu’s participation in the G20 Investment Summit signifies a strategic move to fortify Nigeria’s global economic positioning, creating avenues for enhanced investment and collaboration.

The President is scheduled to return to Nigeria following the conclusion of the conference, aiming to leverage the deliberations for Nigeria’s economic advantage.

Support Investigative Journalism and Mentorship

Courageous Journalism of Truth,Transparency and Development is in the DNA of Prime Business Africa; By donating as little as N1000 or $1 today, you are helping to keep credible journalism and life-changing information free for all.

READ ALSO  WARIF No Tolerance March 2023: Stakeholders Seek Collective Action To End GBV
+ posts

Leave a Reply

Your email address will not be published.