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Tinubu Meets With World Leaders In France To Address The Problem Of Poverty And Debt

Tinubu Meets With World Leaders In France To Address The Problem Of Poverty And Debt Bola Ahmed Tinubu, the president of Nigeria, met with o...




Tinubu Meets With World Leaders In France To Address The Problem Of Poverty And Debt


Bola Ahmed Tinubu, the president of Nigeria, met with other world leaders on Thursday in Paris, France, at a summit on reforming the international financial system. This will directly help to reduce poverty, get out of debt or cancel it, and think about the small countries that have been hurt by the Corona virus.


Tinubu went to the meeting at the Palais Brongniart at 8:59 a.m. Nigerian time to celebrate the opening of the New International Monetary Fund. Catherine Colonna, the French minister in charge of foreign affairs, was there to greet him.

In a press release, Dele Alake, who welcomed the guests, the French President Emmanuel Macron, said that the main goal of the conference is to bring together ideas for a new global financial system that will help developing countries a lot with energy transition, fighting against poverty and poverty, and violating the rights of every country to improve life.


The President of France also said that African countries are at the forefront of big problems because they have a lot of debts that are slowing down their development. He said that the meeting will help African countries deal with these problems and find a solution.


"The corona epidemic has caused a lot of suffering and hard times. Now, the war in Ukraine has caused a big problem for the economy," he stated.

Macron told the leaders of the 50 countries that there needs to be a more in-depth look at how to run private companies and institutions so that everyone can gain from each other and focus on helping the weak.


He said that poverty is a big problem and that people need to work together and come up with important plans and ideas to solve it. "We should all agree that no one country can solve poverty on its own," he said.


Macron said that the system that will be released will include financial institutions in the countries, regions, import companies, and private institutions, especially the International Monetary Fund and the World Bank, to come up with ways to make changes happen.


He said again that it is important for private companies to be involved in putting out a new system. He also said that while reforms are being looked for in the financial sector, health, education, and food supply are some areas that need attention.


Mohammed Bazoum, the president of the Republic of Niger, spoke for the African countries when he said that the new agreement must be fast and important for Africa. He also said that the process for issuing the agreement should be clear so that the developing countries can gain. as seatmates.

Bazoum said that their countries are being hurt by poverty and the spread of deserts, which hurts peace and security on the continent.


He said, "In Africa, we need help developing services, health, food supply, and education."


Antonio Guterres, who is the Secretary General of the United Nations, told the leaders that the meeting needs to come up with a plan that everyone can get behind and that should be put into action instead of just being written down and spread out.


Guterres said that many countries are still hurting from the Corona virus, global warming, the war in Ukraine, and other things.


Guterres also said that African countries don't have enough money to pay off their debts, which makes it possible that the growing country will have trouble in the future because of its debts.


He said that the currency agreement system needs to look at these problems so that they can be part of the system and help solve the many problems that already exist. He was worried about the debts of African countries, and he pointed out that hard work and a good system can solve some of the problems.


The secretary said that world leaders need to work together to solve the problems that are already there and help poor countries in particular grow.

Vanessa Nakate, who came from Uganda and is an expert on global warming, asked for a moment of silence to honor the poor and those in dangerous situations around the world. She said that breaking promises is seen as paralyzing the lives of many people in developing countries.


Since then, world leaders and leaders of big private companies and institutions have been meeting to find ways to make an agreement that is thought to be very helpful in reducing poverty and debt around the world.


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