Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has called on the G20 to strengthen mechanisms for peaceful conflict resolution, humanitarian assistance, and African-led peace initiatives.
Ambassador Tuggar made the call at the ongoing G20 Foreign Ministers’ Meeting in Johannesburg, South Africa.
The Foreign Affairs Minister also stressed the urgent need for global reforms to promote economic equity, peace, and security, emphasizing a comprehensive approach to combating terrorism, focusing on security as well as socio-economic development through investments in education, healthcare, and job creation.
Tuggar explained that: “The current global system does not adequately represent the realities of developing nations. There is need urgent reforms in multilateral institutions”.
On tax justice, he urged the G20 to support President Bola Ahmed Tinubu’s proposals to combat capital flight and tax evasion by multinational corporations.
Furthermore, Nigeria raised concerns over illicit financial flows (IFFs), which drain billions from Africa annually through corruption and illegal trade practices. To this effect, Ambassador Tuggar, called for greater transparency in global financial transactions, stricter regulations on tax havens, and stronger international cooperation to recover stolen assets.
He also emphasized that: “The solidarity, equity, and sustainability must guide the G20’s actions, global leaders need to build a fairer and more inclusive world. Nigeria, reaffirmed, remains committed to working with international partners to ensure no nation is left behind”.
While congratulating South Africa on assuming the G20 Presidency, the Foreign Affairs Minister, expressed Nigeria’s full support for its priorities, including disaster resilience, debt sustainability, just energy transition, and the harnessing of critical minerals for inclusive growth.
Comments are closed.