Why Nigeria Was Invited to G20 Summit –President Biden

President Bola Tinubu and U.S President Joe Biden met on the sidelines of the G20 summit on Sunday in New Delhi, India, and according to Biden, the purpose of the meeting was to reaffirm the US’ commitment to the relationship with Nigeria.

The long-standing friendship between the two nations and peoples, according to Biden, is something his administration is dedicated to.

This information was presented in a statement that was posted on the official White House website.

The Tinubu administration’s efforts to implement economic reforms in Nigeria were praised by Biden.

According to the statement, “President Biden welcomed the Tinubu Administration’s steps to reform Nigeria’s economy and thanked President Tinubu for his strong leadership as the chair of the Economic Community of West African States to defend and preserve democracy and the rule of law in Niger and the wider region. “

According to the statement, Nigeria’s invitation to the G20 summit is recognition of the country’s significant global role as Africa’s largest democracy and economy. “

According to Gistlover Tinubu attended the two-day summit at Narendra Modi’s special invitation.

Yusuf Tuggar, the minister of foreign affairs, Wale Edun, the minister of finance and coordination of the economy, Dr. Bosun Tijani, the minister of communications, innovation, and the digital economy, and Dr. Doris Uzoka-Anite, the minister of industry, trade, and investment, were in attendance with Tinubu.

Gistlover additionally notes that Tinubu met privately with the presidents of Germany, South Korea, and India.

Tinubu stressed to Olaf Scholz, the German captain, the value of focusing on more than just building the financial foundation for a larger economic alliance.

According to Tinubu, the government is introducing new incentives to entice major manufacturers like Volkswagen to establish a presence in the nation in an effort to spur economic growth.

The German Chancellor responded to Tinubu’s proposal’s economic emphasis by recognizing the mutual benefit of a strengthening of economic ties with Nigeria.

“Thank you, Mr. President, for this crucial discussion. I value the chance to strengthen our business ties. We have a history in Nigeria, and your market is distinct.

“We thank you for implementing reforms that are beneficial to business.