• Saturday, April 20, 2024
businessday logo

BusinessDay

G-20 summit :Tinubu in India to bolster economic ties, attract investment

 President Bola Tinubu travels to New Delhi on Monday to attend the G-20 Leaders’ Summit to attract foreign investment and promote Nigeria as a business-friendly destination.

Tinubu is expected to meet with leading industrialists and government officials from India and other G-20 countries to discuss ways to boost economic cooperation.

He will also deliver keynote addresses at the Nigeria-India Presidential Roundtable and Business Conference.

Read also My reforms are anchored on accountability- Tinubu

The G-20 summit is a significant opportunity for Tinubu to showcase Nigeria’s economic potential and to build relationships with key international stakeholders. His participation is seen as a sign of his commitment to attracting foreign investment and promoting economic growth.

Tinubu is expected to highlight Nigeria’s recent economic reforms, such as the passage of the Petroleum Industry Act and the introduction of a new investment law.

He is also likely to discuss Nigeria’s plans to develop its infrastructure, including its roads, railways, and power grid.

Read also Roll out programmes to turn economy around- Tinubu to ministers

Tinubu’s visit to India is part of his broader efforts to strengthen Nigeria’s ties with other countries in Asia. He has recently visited China, Japan, and South Korea.

The G-20 summit is taking place against the backdrop of the global economic slowdown and the war in Ukraine. Tinubu is expected to use the summit to call for international cooperation to address these challenges.