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Olalekan Adetayo, Abuja Published 19 May 2021 The President, Major General Muhammadu Buhari (retd.), on Tuesday in Paris, France, called on European countries and global financial institutions to consider debt relief for African countries. He said this would assist in reducing the devastating effect of the Coronavirus pandemic on the countries. According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President spoke at the Financing Africa Summit held at Grande Palais Ephemere with the theme: “External Financing and debt Treatment.” The statement was titled ‘President Buhari seeks debt relief for African countries, says PPP will reduce corruption, speed growth.’ ....
COVID-19: Buhari seeks debt relief for African countries On President Muhammadu Buhari By Johnbosco Agbakwuru – Abuja President Muhammadu Buhari has called on European countries and global financial institutions to consider reducing the devastating effect of the coronavirus pandemic on African economies by restructuring debt portfolios, opting for complete reliefs. The President also canvassed for the release of vaccines to the African continent, which he said was still behind in protecting majority of its citizens. President Buhari made the call on Tuesday at the Financing Africa Summit held at Grande Palais Ephemere in Paris, France, with the theme: “External Financing and debt Treatment” ....
(FILES) In this file photo taken on October 03, 2019 Nigeria’s President Muhammadu Buhari looks on while giving a press conference during his official state visit at Union Buildings in Pretoria. – Nigerian President Muhammadu Buhari on February 17, 2021 condemned the abduction of schoolboys from a school in central Nigeria and ordered a rescue operation, his office said. (Photo by Phill Magakoe / AFP) President Muhammadu Buhari has called on European countries and global financial institutions to consider reducing the devastating effect of the COVID-19 pandemic on African economies by restructuring debt portfolios and providing complete debt relief. x The president made the call at the Financing Africa Summit held at the Grande Palais Ephemere in Paris, France, on Tuesday, with the theme: “External Financing and debt Treatment”. ....
He said this would assist in reducing the devastating effect of the Coronavirus pandemic on the countries. According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President spoke at the Financing Africa Summit held at Grande Palais Ephemere with the theme: “External Financing and debt Treatment.” The statement was titled ‘President Buhari seeks debt relief for African countries, says PPP will reduce corruption, speed growth.’ Shehu quoted Buhari as saying that the fall in commodity prices as COVID-19 took a toll on the global economy further slowed growth in some countries and strained health facilities. ....