…By Dorcas Funmi for TDPel Media.
Nigerian Leader’s Arrival at the Paris Summit:
President Bola Ahmed Tinubu made his presence known at the Palais Brongniart in Paris on Thursday, where the New Global Finance Pact is being held.
According to Naija News, he was warmly received by Catherine Colonna, the French Minister of Europe & Foreign Affairs.
Overview of the Paris Summit:
Hosted by French President Emmanuel Macron, the Paris Summit for the New Global Financial Pact is a two-day event taking place from June 22-23, 2023, at the Palais Brongniart.
The summit aims to address pressing issues such as climate change, the energy crisis, and the aftermath of the COVID-19 pandemic.
President Tinubu’s Participation and Signing of the Pact:
During his time in Paris, President Tinubu is expected to actively participate, review, and ultimately sign the New Global Financial Pact.
The pact focuses on prioritizing support and investment for vulnerable countries, aiming to alleviate the consequences of climate change, the energy crisis, and the impact of the COVID-19 pandemic.
Focus of the Summit:
One of the primary objectives of the summit is to restore fiscal stability in countries currently facing immediate financial challenges, particularly those burdened with high levels of debt.
Leaders in attendance will discuss strategies to support these nations and provide them with necessary assistance.
Akinwumi Adesina’s Attendance:
Alongside President Tinubu, Akinwumi Adesina, the President of the African Development Bank, is also participating in the New Global Financial Pact Summit.
His presence highlights the significance of this event and emphasizes the commitment of African leaders in addressing global financial issues.