The establishment of the Global Alliance Against Hunger and Poverty, led by Brazilian President Luiz Inacio Lula da Silva, has been praised by President Bola Tinubu.
According to Tinubu, the partnership is essential to the global effort to combat poverty and hunger.
He said this during the opening session of the 19th G20 Leaders Summit in Rio de Janeiro, Brazil, on Monday.
His spokesperson, Bayo Onanuga, praised the initiative and said it was the appropriate move to tackle one of the biggest problems facing the planet.
“This audacious and forward-thinking move demonstrates Brazil’s leadership in tackling one of the most pressing and enduring issues confronting our planet today.
According to him, “this initiative offers a comprehensive approach not only to addressing immediate needs but also tackling the structural causes of hunger and poverty by fostering collaboration between governments, international organizations, and civil society.”
President Tinubu expressed Nigeria’s desire to embrace foreign best practices in order to further its economic development by comparing this global initiative to one of the eight priority areas he listed upon his inauguration eighteen months ago.
Nigeria’s support of the pledge to join the Global Alliance, according to President Tinubu, is a major step in the country’s efforts to combat poverty and hunger by utilizing global resources and collaboration to support domestic initiatives.
The establishment of the Global Alliance Against Hunger and Poverty, led by Brazilian President Luiz Inacio Lula da Silva, has been praised by President Bola Tinubu.
According to Tinubu, the partnership is essential to the global effort to combat poverty and hunger.
He said this during the opening session of the 19th G20 Leaders Summit in Rio de Janeiro, Brazil, on Monday.
His spokesperson, Bayo Onanuga, praised the initiative and said it was the appropriate move to tackle one of the biggest problems facing the planet.
“This audacious and forward-thinking move demonstrates Brazil’s leadership in tackling one of the most pressing and enduring issues confronting our planet today.
President Tinubu emphasised the urgent need for the United Nations Security Council reform to ensure its continued relevance in global interventions.
He reiterated Nigeria’s readiness and capability to represent Africa within this elite.
He called on the G20 to champion this noble ideal, having admitted 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 the statement read on his behalf by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, President Tinubu noted that the G20 now wears a toga of a forward-looking international institution that upholds reform-minded multilateralism.
He especially commended the decision by the G20 to grant permanent membership to the African Union and for its consistency in sustaining the tradition of inviting guest countries to join the group.
This broad participation, he said, allows the opportunity for more inclusive and effective discussions to address 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 highlighted that Nigeria, alongside other African Group member states, championed a historic initiative at the United Nations: calling for a framework Convention on Tax to establish a more equitable and inclusive global tax system.
He urged the G20 to heed the call by countries, especially those of the global South, to reform 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.