President Bola Tinubu has called for equitable access to capital for developing countries, saying such will provide the much-needed resources for development, thus solving some of the most pressing challenges in the world today. The Non-Aligned Movement is the largest gathering of countries, second only to the United Nations General Assembly. “More often than not, public debt available to developing countries is far more expensive and not substantial enough to make an impact. President Tinubu also listed the challenges facing the world currently to include climate change, conflict and wars, terrorism, and widening inequality. On climate change, the Nigerian president pointed out that the developing countries were moving forward on the issue with courage and ambition.

Source: The Guardian January 20, 2024 23:58 UTC