President Muhammadu Buhari is currently attending a virtual United Nations High-Level event on Financing for Development in the Era of COVID-19 and beyond.
He was invited by the United Nations Secretary-General António Guterres to the event, which is jointly hosted by Prime Minister Justin Trudeau of Canada and Prime Minister Andrew Holness of Jamaica.
The event brings together world leaders and international organizations in a joint initiative to sharpen and accelerate the global response to the economic and human impacts of COVID-19.
It also seeks to advance concrete solutions to the development emergency.
More than 50 world leaders including the African Union Chair and South Africa President, Cyril Ramaphosa, are in attendance.
In a related development, President Muhammadu Buhari has requested the National Assembly to consider and approve his request to borrow $5.513 billion from external sources.
The President, in a separate letter, also submitted the revised 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) and the 2020 budget respectively for consideration and approval.
