Nigeria’s President, Bola Tinubu departs Abuja on Monday to attend the G-20 Leaders’ Summit in New Delhi, India, on the special invitation of Indian Prime Minister, Narendra Modi.

The Nigerian government also says it is consulting widely to ascertain the benefits and risks of joining the G20.

These were made known in a statement signed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale.

According to the Statement, the President will deliver keynote addresses at both the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference on the sideline of the summit.

The government added that once consultations are concluded, the government will decide whether or not to apply to join as appropriate.

The statement added that President Tinubu’s participation at the G-20 Summit in India is in furtherance of Nigeria’s objectives.

“While Nigeria’s membership of the G-20 is desirable, the government has embarked on wide-ranging consultations to ascertain the benefits and risks of membership.”

Ngelale added that the discussion on Nigeria’s membership at the G20 is consistent with the desire of President Tinubu to democratize foreign policy.

It further stated that the consultations are to articulate policy formulation and implementation through a Whole-of-Society and a Whole-of-Government approach that achieves the nation’s long-term strategic objectives.

“Once consultations are concluded, the government will decide whether or not to apply to join as appropriate. The participation of President Tinubu at the G-20 Summit in India is in furtherance of this objective,” the statement added.

The statement also stated that the President aims to leverage the platform to attract global capital and promote increased foreign direct investments in key labour-intensive sectors of Nigeria’s economy for job creation and revenue expansion.

“The CEO Roundtable will be attended by leading industrialists in the Indian private sector, Nigerian industrialists, as well as senior government officials from both countries.“

It further added that President Tinubu will use the opportunity to highlight Nigeria’s attractiveness as an investment destination, specifically outlining his cross-sectoral reform plan as encapsulated by the Renewed Hope Agenda.

“Given the President’s renowned experience in attracting investment to Lagos State, leading industrialists have sought separate private engagements with him at the summit.”