President Bola Ahmed Tinubu will on Thursday June 22, join world leaders in Paris, France to review and sign a New Global Financial Pact.
In a statement on Monday, the Special Adviser to the President on Special Duties, Communication and Strategy, Dele Alake said the new pact would place vulnerable countries on priority list for support and investment, following the devastating impact of climate change, energy crisis, and after effect of the Covid-19 pandemic.
The President will participate in the two-day Summit that looks at opportunities to restore fiscal space to countries that face difficult short-term financial challenges, especially the most indebted, mobilize innovative financing for countries vulnerable to climate change and foster development in low-income countries.
According to the statement, the summit will also encourage investment in green infrastructure for the energy transition in emerging and developing economies.
President Tinubu and the other global leaders, multilateral institutions, financial experts and economists will take a more holistic look at the recovery of economies from the impact of Covid-19 pandemic, and rising cases of poverty, with a view to providing access to finance and investment that will leverage inclusive growth.
The summit which will be hosted by President Emmanuel Macron of France will be held at Palais Brongniart.
The President, who will be accompanied by members of the Presidential Policy Advisory Council and senior government officials, is expected to return to Abuja on Saturday.