The Federal Government of Nigeria has expressed the most populous county in Africa’s support for the G20’s push for inclusive growth, as it called for urgent global reforms to promote economic equity, peace, and security.
Nigeria’s Minister of Foreign Affairs, Amb. Yusuf Tuggar, made this known in a statement on Thursday through his Special Assistant on Media and Communications Strategy, Alkasim Abdulkadir.
Tuggar made the statement while speaking during the G20 Foreign Ministers’ Meeting in Johannesburg, South Africa, as he used the opportunity to congratulate S.A on assuming the G20 presidency, pledging Nigeria’s full support for its priorities, such as disaster resilience, debt sustainability, and just energy transition.
9News Nigeria reports that some of his words were; “The G20 must focus on harnessing critical minerals for inclusive growth, while tackling global conflicts and humanitarian crises.”
He therefore called for strengthened mechanisms for peaceful conflict resolution, humanitarian aid, and support for African-led peace initiatives, emphasizing on comprehensive approach to combating terrorism, with the aim of focusing on security and socio-economic development through investments in education, healthcare, and job creation.
The minister therefore reiterated Nigeria’s call for urgent reforms in multilateral institutions, stressing that the current global system does not reflect the realities of developing nations.
He decried the issue of tax justice, urging the G20 to support President Bola Tinubu’s proposals to tackle capital flight and tax evasion by multinational corporations, as he expressed concerns over illicit financial flows (IFFs), which he claims drains billions from Africa annually through corruption and illegal trade practices.
The Minister further called for greater transparency in global financial transactions, stronger regulations on tax havens, and enhanced international cooperation to recover stolen assets.
