What Tinubu Endorsed At G20 Summit

President Bola Tinubu has commended the establishment of the Global Alliance Against Hunger and Poverty, an initiative spearheaded by Brazilian President Luiz Inacio Lula da Silva.

Tinubu emphasized that the alliance plays a crucial role in the global effort to combat hunger and poverty.

He made these remarks on Monday during the opening session of the 19th G20 Leaders Summit in Rio de Janeiro, Brazil, praising the initiative as a timely and essential step in tackling one of the world’s most pressing challenges.

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“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.

“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.

Read Also: Okonjo-Iweala Meets Tinubu, Remi And Adesina At G20 Summit [PHOTOS]

President Tinubu underscored the urgent need for reform of the United Nations Security Council to maintain its relevance in global interventions.

He reaffirmed Nigeria’s readiness and capacity to represent Africa within this esteemed body.

He also urged the G20 to advocate for this important cause, following the inclusion of 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 a statement delivered on his behalf by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, President Tinubu highlighted that the G20 has evolved into a forward-looking international institution that champions reform-minded multilateralism.

Read Also: How Brazil President Welcomed Tinubu And Remi To G20 Summit [VIDEO]

He particularly praised the G20’s decision to grant permanent membership to the African Union, as well as its continued tradition of inviting guest countries to join the group.

This wide-ranging participation, the President emphasized, creates opportunities for more inclusive and effective dialogue in addressing 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 emphasized that Nigeria, along with other African Group member states, spearheaded a groundbreaking initiative at the United Nations, advocating for a framework convention on tax to create a more fair and inclusive global tax system.

He also urged the G20 to listen to the calls from countries, particularly in the Global South, for a reform of 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.

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