President Bola Tinubu has embarked on his first official trip abroad on Tuesday morning, to attend a two-day summit in France for a new global financial pact.
The summit, scheduled for June 22 and 23, aims to explore strategies to restore fiscal stability for countries facing immediate financial challenges.
The trip which Tinubu embarked on Tuesday morning marks his first international visit since assuming office as Nigeria’s president on May 29.
Accompanying him to the summit are members of the presidential policy advisory council and senior government officials.
A statement by Dele Alake, Special Adviser, Special Duties, Communication, and Strategy, said the leaders will explore opportunities to restore fiscal space to countries dealing with difficult short-term financial challenges, specifically the most indebted.
It goes on to state that President Tinubu and other global leaders, multilateral institutions, financial experts, and economists will take a more comprehensive approach to the recovery of economies from the COVID-19 pandemic and rising poverty, with the goal of providing access to finance and investment that will leverage inclusive growth.
Tinubu’s participation in this summit highlights Nigeria’s commitment to finding solutions for economic challenges and engaging in global discussions on financial matters.
President Tinubu is expected to return to the country on Saturday, bringing back insights and potential opportunities to enhance Nigeria’s fiscal landscape.
KanyiDaily recalls that before his travel, President Bola Tinubu had dissolved the Governing Board of all Federal Government Parastatals, Agencies, Institutions, and Government-Owned Companies in the exercise of its Constitutional Powers and in the Public interest.