Tinubu tells G20 leaders Nigeria ready to contribute to global economy

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President Bola Tinubu, on Saturday in New Delhi, India, affirmed Nigeria’s dedication to actively participate in the G20 and play a significant part in shaping a more just and balanced global landscape.

According to a statement by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, Tinubu said Tinubu made the remarks while addressing world leaders at the 18th G20 Leaders’ Summit.

He mentioned that the Nigerian leader advocated for worldwide solidarity and collaboration in addressing urgent issues, promoting inclusivity, and establishing a more equitable world order.

Accompanied by France’s Minister for the Economy, Finance, and Industrial and Digital Sovereignty, Bruno Le Maire (R), Nigeria’s President Bola Ahmed Tinubu (L) participated in a meeting between the African Union and European Union at the G20 Leaders’ Summit in New Delhi on September 9, 2023.
 

While acknowledging the G20’s vital role in shaping a rules-based world order that promotes shared prosperity and security, President Tinubu stressed that most of today’s pressing issues are “international in character and cannot be addressed without multilateral cooperation.”

“Therefore, stronger collaboration, cooperation, and partnerships among diverse regions are the pathways to a peaceful, prosperous, and sustainable future for our world.”

“This is why the role and contributions of the G20 in shaping a new world order that is fair and rules-based can not be over-emphasized. A world that lives as one family, but is divided by staggering income inequalities and uneven access to basic social goods by the vast majority of our people cannot result in a peaceful and secure world where shared prosperity is achieved.”

“I hasten to add that such rules and global governance structures of our collective dreams must be collectively designed, collectively owned, and collectively managed. This is consistent with the true spirit of One Family, mutual respect, and sustainable development.”

“Nigeria is poised, able, and willing to be a major player in this family of the G-20 and in shaping a new world, without whom, the family will remain incomplete,” he said.

President Tinubu congratulated India on hosting the historic G20 summit and on successfully landing on the moon under the visionary leadership of Prime Minister Narendra Modi.

He called India’s moon landing an inspiration to all developing countries in the Global South.

Regarding the African Union’s (AU) participation in the G20, the Nigerian leader greeted the decision with enthusiasm, saying it “opens opportunities for future membership of the group in a manner that reflects the relative balance of power and inclusiveness of humanity as One Family.”

President Tinubu, reflecting on the theme of the summit, “One Earth. One Family. One Future,” emphasized the interconnectedness of global affairs and the need for collaborative efforts.

He underscored the importance of tackling challenges related to technology, energy transition, and access to credit, as well as the growing socio-economic divide between those who have and those who do not.

President Tinubu called for greater solidarity among nations and tasked advanced economies to support disadvantaged regions in the Global South and promote climate justice.

President Tinubu also advocated for the enhancement of global frameworks for resource mobilization and governance, founded on the principles of justice, equality, and impartiality.

In addressing the sub-theme of Session II of the Summit, “One Family,” President Tinubu emphasized the scale of challenges facing humanity today.

“The need for us to work together as one family has, therefore, become more imperative. We must strive to create a world of inclusiveness in which everyone has access to the necessities of life, and in a manner that widens and strengthens the ownership of our planet regardless of one’s economic, social, and political status.”

President Tinubu called on the Global North, advanced economies, and multilateral institutions to pool resources and direct them to where they are most needed in the disadvantaged Global South.

“By doing so, we will be building a society anchored on the strong values of tolerance and mutual respect, where diplomacy, dialogue, and cooperation take precedence over competition, conflict, and divisions, which are based on inflexible ideologies and belief systems,” the President concluded.