ABUJA (Reuters) - Nigeria's President Bola Tinubu plans to attend the G20 summit in India this month to try to promote foreign investment in Africa's largest economy and mobilize global capital to develop infrastructure, his spokesman said on Friday.

Tinubu has embarked on the country's boldest reforms in decades, which have been welcomed by investors. However, reforms have brought additional hardship to Nigerians already dealing with a cost of living crisis.

The country's main unions plan to go on strike next week and an stage an indefinite shutdown later this month.

"The focus of the summit will be heavily predicated on the urgent need to attract foreign direct investment ... and to ensure that we are able to mobilize private capital from around the world toward the development of Nigeria's public infrastructure," Tinubu's spokesman, Ajuri Ngelale said in a statement.

The summit in India will hold on Sept 9 and 10.

Nigeria wants to encourage investments rather than rely on borrowing to create jobs, its finance minister said on Monday, as the new government tries to revive the West African nation.

Tinubu inherited a struggling economy with record debt, shortages of foreign exchange and fuel, a weak naira currency, inflation at a near two-decade high, skeletal power supplies and falling oil production due to crude theft and underinvestment.

Ngelale said Tinubu will meet leaders from Brazil, India, South Korea and Germany on the sidelines of the G20.

Tinubu also plans to meet Indian executives, including Jindal Steel and Power Company, among others, Ngelale said.

Airtel's Africa, owned by India's Bharti Airtel, is Nigeria's third-biggest listed firm.

Tinubu has called for more U.S. investment in his country after accepting an invitation by U.S. President Joe Biden to meet later this month on the sidelines of the United Nations General Assembly in New York.

plaindealer:
[b][/b]


So proud and happy that Ii voted for President Asiwaju Bola Ahmed Tinubu, GCFR.

Bethel4Life:
u voted for a drug dealer and Certificate forger 🤝😝

EKONGKING:



Ok

Chochovini:
The Oraguntang looing acclaimed (First class) druggie from iragbiji.
Current WR holder for the most ugly president in the World.

EKONGKING:
Nigeria under tinubu is going in right direction,

Kudos to India and Modi for invitation for G20, as only host country can invite guest countries.



We need to learn and grow along with fellow developing countries .

Chochovini:
The Oraguntang looing acclaimed (First class) druggie from iragbiji.
Current WR holder for the most ugly president in the World.

Bethel4Life:
u voted for a drug dealer and Certificate forger 🤝😝

verybadmouth:
I feel so sorry for a group of people. They will cry and wail for the rest of their lives.

Goodlady:


These two above are in eternal pains of electoral loss. Type more rubbish, it's your fuel.

Helpfromabove1:
Or battery replacement in India

Bethel4Life:
Buhari attended more than these but where is Nigeria today?


Since thief.nubu issa illegitimate president, the country wont benefit from those outings

Sprints3:
I wish I get money I go form my own military rebel unit with high tech that can access and breach any financial system and will hold government by their neck. Mandate them to help the masses or I either hack their financial system and gift the masses their money or stage a coup to oust yhe Government if they fail to fulfill the masses desire. Am pained kids are suffering

Chibuzoripob:
I dare you to mention Eluuupees& IPOB yoots

Bethel4Life:
how much are u buying fuel