Full details of Tinubu’s meeting with the German chancellor, Indian prime minister, South Korean president, and others at the G-20 summit [Photos]

President Bola Ahmed Tinubu was unable to avoid the action in the G-20 Summit’s siderooms’ hustle and bustle of off-camera activity.
The President met with the leaders of three countries who have been designated as important allies in his diplomatic and economic development efforts to attract foreign investment and boost domestic prosperity.
According to Naija News, Ajuri Ngelale, President Tinubu’s Special Adviser on Media and Publicity, announced this in a lengthy statement on Sunday.

A meeting between the head of Africa’s biggest economy and the CEO of Europe’s biggest economy, Germany, offered the leader of Nigeria a once-in-a-lifetime chance to strengthen ties that would bring prosperity to its citizens, but with a practical approach to ensuring the efficient execution of agreements reached.
“For us, it goes beyond just creating the financial framework for a larger economic collaboration. The President pleaded: “It is also about the pragmatic alignment of your large manufacturers’ perspectives with the reality of the new incentives my government is putting in place for them to come and prosper across multiple value chains and sectors inside of our country. Examples include Volkswagen and others.

The German Chancellor, Olaf Scholz, responded by recognizing the reciprocal benefits of a strengthening of economic links with Africa’s largest economy. He seemed fascinated by the proposal’s specific economic focus.
“Thank you, Mr. President, for this crucial discussion. I can see the value in this chance to strengthen our business ties. Our businesses have a history in Nigeria, and your market is distinctive. We appreciate the measures you’ve implemented that are business-friendly. The German leader said, “I am pleased to notify you of my wish to visit you in Nigeria in October, which would allow us to move forward with these plans.

After President Tinubu granted the German Chancellor’s request to visit, he met with the leader of South Korea, the fourth-largest economy in Asia. Yoon Suk Yeol praised the President for his leadership in the region in upholding democratic principles and norms.
Following the amicable handover of power from your predecessor to you, “I wish to commend your strong leadership, and we see a stable country in West Africa that is growing in stature,” he remarked.

In response, President Tinubu quickly shifted the conversation to his economic priorities and put forward suggestions for a stronger South Korean presence in Nigeria’s indigenous manufacturing industry.
“We won’t leave anything unfinished. We’ll put our agreements in writing and carry them out. In order to quickly implement MoUs in a variety of partnership sectors that will involve the active participation of your largest companies—not just in terms of Nigerian consumption but also in domestic production—the Nigerian president reaffirmed that they would work closely with you on each individual issue.

The South Korean president agreed and said that he would organize his business community to take advantage of the new advantages offered by Nigeria for local industry. He notably mentioned that South Korean investors are extremely interested in Nigeria’s education, technology, and energy sectors.
President Bola Tinubu would terminate formal discussions at the G-20 with the Asian powerhouse and host nation, which had invited Nigeria to the G-20 Summit, as he met with Indian Prime Minister Narendra Modi. He would then extend an invitation to visit Nigeria.

“There are a lot of things that our country can learn from the quick development that India has seen under your leadership. We see tremendous opportunities between our countries in a variety of fields, including the development of agriculture, but we can do more to boost ICT innovation and the rise of Blue-Chip FinTech growth in Africa. The Nigerian leader said that the country had players on the ground who can lead from the front.

The head of state holding the meeting agreed to the suggestion for an economic alliance while also thanking the Nigerian president for the invitation.
“Our teams must now work closely together to discuss our top priorities for upscaled cooperation, including strengthening the defense industry’s capability and expanding FinTech. I can see your dedication. The UPI (Unified Payments Interface) offers enormous opportunities for Nigeria, and we will make sure that we quickly unite and advance on these fronts, said the Indian president.

President Tinubu also engaged in substantial, unstructured discussions with a number of other leaders during the G-20 side sessions, including World Bank President Ajay Banga, Ursula von der Leyen of the European Commission, and Joe Biden of the United States.