Nigeria's Tinubu to attend G20 summit in India to promote investment

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By Felix Onuah ABUJA (Reuters) - Nigeria's President Bola Tinubu plans to attend the G20 summit in India this month to try to promote foreign ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSABUJA - 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.

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

 

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