Thursday, June 26, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home Bilateral Trade

AT THE G20 SUMMIT IN BRAZIL, TINUBU ENDORSES THE LAUNCH OF THE GLOBAL ALLIANCE AGAINST HUNGER AND POVERTY

Tinubu said, “ The Security Council should expand its permanent and non-permanent member categories to reflect the world’s diversity and plurality. Africa deserves priority in this.

Newsroom Nigeria by Newsroom Nigeria
November 19, 2024
in Bilateral Trade, Foreign
Reading Time: 3 mins read
0
SHARES
Share on FacebookShare on Twitter

President Bola Tinubu has hailed the creation of the Global Alliance Against Hunger and Poverty, championed by President Luiz Inacio Lula da Silva of Brazil.

Tinubu described the alliance as pivotal in the global fight against hunger and poverty.

Related posts

WEST AFRICA MUST TURN DEMOGRAPHIC STRENGTH AND MINERAL WEALTH INTO JOBS AND INDUSTRY, SAYS TINUBU

June 21, 2025

NIGERIA, BENIN SIGN INTEGRATION AGREEMENT AS PRESIDENTS TINUBU, TALON LEAD CALL FOR REGIONAL REFORMS

June 21, 2025

He made this statement on Monday at the 19th G20 Leaders Summit opening session in Rio de Janeiro, Brazil.

He lauded the initiative and described it as the right step to address one of the world’s most significant challenges.

“This bold and visionary step underscores Brazil’s leadership in addressing one of the most urgent and persistent challenges facing our world today.

“The creation of this Alliance marks a significant milestone in our global efforts to eradicate hunger and poverty, and it also sends a powerful message of solidarity to vulnerable populations around the globe.

“By fostering collaboration between governments, international organisations, and civil society, this initiative offers a comprehensive approach not only to addressing immediate needs but also tackling the structural causes of hunger and poverty,” he said.

President Tinubu compared this global initiative to one of the eight priority areas he outlined at his inauguration 18 months ago, expressing Nigeria’s eagerness to adopt international best practices to advance its economic development.

According to President Tinubu, Nigeria’s endorsement of the declaration of commitment to join the Global Alliance is a significant step in its efforts to address hunger and poverty by leveraging international cooperation and resources to bolster domestic strategies.

He added that by supporting the initiative, Nigeria also demonstrates a solid commitment to realising the Sustainable Development Goals (SDGs), particularly SDG 1, which focuses on eradicating poverty, and SDG 2, which aims to achieve zero hunger.

“These goals are at the core of Nigeria’s development agenda, and the Alliance offers a platform to accelerate progress towards them”, President Tinubu said.

“By collaborating with international partners, Nigeria aims to leverage best practices, innovative solutions, and financial support to enhance its efforts to combat poverty and hunger. The endorsement reinforces Nigeria’s role as a key player in global efforts to promote sustainable development and improve the quality of life for all its citizens,” President Tinubu said.

President Tinubu emphasised the urgent need for the United Nations Security Council reform to ensure its continued relevance in global interventions.

He reiterated Nigeria’s readiness and capability to represent Africa within this elite.

He called on the G20 to champion this noble ideal, having admitted the African Union as a group member.

Tinubu said, “ The Security Council should expand its permanent and non-permanent member categories to reflect the world’s diversity and plurality. Africa deserves priority in this.

The Security Council should expand its permanent and non-permanent member categories to reflect the world’s diversity and plurality better.

“Africa deserves priority in this process, and two permanent seats should be allocated to it with equal rights and responsibilities. Nigeria stands ready and willing to serve as a representative of Africa in this capacity.”

In the statement read on his behalf by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, President Tinubu noted that the G20 now wears a toga of a forward-looking international institution that upholds reform-minded multilateralism.

He especially commended the decision by the G20 to grant permanent membership to the African Union and for its consistency in sustaining the tradition of inviting guest countries to join the group.

This broad participation, he said, allows the opportunity for more inclusive and effective discussions to address shared global challenges.

“Some permanent members of the Council have shown promising signs of support for this process, which is a positive development. We welcome this shift in attitude and call for a faster pace to the long overdue change.

“The world faces various challenges, including extreme poverty, inequality, climate change, terrorism, and global conflicts.

“These issues are exacerbated by longstanding inequities in the global governance system, which have led to unsustainable sovereign debt and distortions in access to capital markets, trade imbalances, unfair representations and hindered development in the Global South.

“It is our responsibility to find pragmatic solutions to fix these imbalances.

“Particularly pressing is global taxation, which profoundly impacts developing countries.

“The current international tax system, largely shaped by the interests of more affluent nations, often leaves developing countries at a disadvantage, especially in taxing digital economies.

“This systemic imbalance has led to significant revenue losses, hampering our efforts towards sustainable development and economic self-reliance,” the Nigerian leader said.

President Tinubu highlighted that Nigeria, alongside other African Group member states, championed a historic initiative at the United Nations: calling for a framework Convention on Tax to establish a more equitable and inclusive global tax system.

He urged the G20 to heed the call by countries, especially those of the global South, to reform the international financial architecture.

“Multilateral institutions must be revamped to bridge the gap between the Global North and South. This is the path for the future and one the G20 must champion. Nigeria is committed to being part of that future through active participation in the G20 and our steadfast support for achieving SDG 2030 targets,” the President added.

ShareTweetSendShareShare
Previous Post

Nuhu Ribadu, National Security Adviser Delivers keynote  Adrress at WSCIJ’s High-level Meeting on Journalists’ Safety

Next Post

Polaris Bank Champions Financial Literacy for Students in Commemoration of World Savings Day 2024

Related Posts

Foreign

WEST AFRICA MUST TURN DEMOGRAPHIC STRENGTH AND MINERAL WEALTH INTO JOBS AND INDUSTRY, SAYS TINUBU

June 21, 2025
Foreign

NIGERIA, BENIN SIGN INTEGRATION AGREEMENT AS PRESIDENTS TINUBU, TALON LEAD CALL FOR REGIONAL REFORMS

June 21, 2025
Foreign

GLOBAL ECONOMY WILL NOT WAIT FOR WEST AFRICA TO GET ITS ACT TOGETHER – TINUBU TELLS ECOWAS

June 21, 2025
Bilateral Trade

TINUBU WELCOMES NEW INVESTMENT INITIATIVES FROM QATAR

May 9, 2025
Foreign

Viewpoint: As Trump Trumps Everything in Sight, By Bola BOLAWOLE

February 20, 2025
Foreign

Viewpoint: Beyond the Triumphalism of Trumpism, By Simbo Olorunfemi

February 3, 2025
Next Post

Polaris Bank Champions Financial Literacy for Students in Commemoration of World Savings Day 2024

RECOMMENDED NEWS

EFCC Arraigns Saphire Scents’ MD for N12 million Fraud.

3 years ago

Fearless Energy Drink Thrills Consumers to an Exciting Movie Experience

7 months ago

BOLA IGE’S DEATH: ASK OBASANJO, NOT ME – OMISORE REPLIES SOYINKA

3 years ago

Female Manager and Hubby Abduct, Kill Employer after Collecting N15million Ransom

3 years ago

FOLLOW US

POPULAR NEWS

  • TAU Students Win Big   at National Innovation Challenge

    TAU Students Win Big   at National Innovation Challenge

    0 shares
    Share 0 Tweet 0
  • Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

    0 shares
    Share 0 Tweet 0
  • ADEBAYO HELD ALOFT THE BANNER OF THE UPN, LED BY OBAFEMI AWOLOWO, TINUBU PENS TRIBUTE TO A TRUE STATESMAN

    0 shares
    Share 0 Tweet 0
  • TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

    0 shares
    Share 0 Tweet 0
  • INEC Receives Applications To Register Obidients People’s Party (OPP), 109 Other Political Parties Registration

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

This independent, liberal online news platform aims to inform citizens about important issues. NEWSROOM NIGERIA covers political, business, economic, national, and international news. They are committed to journalism ethics and hold the government accountable.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.