In a bid to accelerate the development of critical infrastructure in Nigeria, President Bola Tinubu is set to participate in the G20 Summit scheduled from September 9 to September 10 in New Delhi, India. This mission aims to lure private capital into the nation, with a particular focus on attracting Foreign Direct Investment (FDI).
Ajuri Ngelale, Special Adviser to the President on Media and Publicity, revealed this development in Abuja on Friday. The G20, renowned as the foremost forum for international economic cooperation, wields significant influence in shaping and strengthening global governance structures for major economic matters.
President Tinubu’s agenda at the summit revolves around engagements with top business executives representing some of the world’s most influential companies. These discussions will center on potential investments in key sectors of the Nigerian economy to stimulate job creation.
“We are committed to engaging in discussions that pertain to vital sectors of our national economy, including steel development, electricity generation, transmission and distribution, shipyard construction capabilities, and various other industries known for their potential to generate employment opportunities,” Ngelale stated.
Furthermore, the President will convene a CEO roundtable, comprising over 20 chief executive officers from various sectors of the Indian economy, to explore their interest in investing in Nigeria. Additionally, President Tinubu is scheduled to hold individual meetings with CEOs from five major Indian industries, including the Jindal Steel and Power Company, to enhance the growth of the steel sector in Nigeria.
On the sidelines of the G20 Summit, President Tinubu will also engage in discussions with world leaders, including the President of Brazil, President da Silva, German Chancellor Olaf Schultz, Indian Prime Minister Narendra Modi, South Korean President Yoon Suk Yeol, and several other heads of state.
“The G20 holds immense significance for our country at this juncture, and we are poised to capitalize on the opportunities presented to deliver value to Nigeria. Our primary objective is to create jobs for our citizens and, ultimately, expand the nation’s revenue base to effectively support government programs and policies across various sectors,” Ngelale affirmed.
For Nigerians keen on staying informed about the President’s activities during the summit, Ngelale promised to provide daily live updates from India, ensuring transparency and accessibility to the proceedings on behalf of the Nigerian people.
