- Admin
- Jan 18, 2025
- 55
- 02
Nigeria Joins BRICS as a Partner Country
Nigeria Joins BRICS as a Partner Country
By Achimi Muktar
In a historic move, Nigeria has been officially recognized as a partner country in the BRICS bloc, a coalition of emerging economies comprising Brazil, Russia, India, China, and South Africa. The announcement was made by the Brazilian government on Friday, marking a significant step in Nigeria’s growing influence on the global stage.
Brazil, which will assume the presidency of BRICS in 2025, highlighted Nigeria’s strategic importance in the Global South and its alignment with the bloc’s goals of reforming global governance.
“As the sixth-largest population in the world and the largest in Africa, as well as one of the continent’s leading economies, Nigeria shares converging interests with other BRICS members,” stated Brazil’s Foreign Ministry, Itamaraty.
Nigeria’s inclusion places it among eight nations granted partner status in regions such as Latin America, Eastern Europe, and Asia, solidifying its role as a key player in fostering South-South cooperation.
The official announcement follows Nigeria’s formal inclusion during the sixteenth BRICS summit held in Kazan, Russia, from October 22 to 24, 2024. This milestone underscores Nigeria’s growing clout in global economic and political affairs.
For Brazil, Nigeria’s partnership signals a strengthening of ties within Africa, where BRICS is actively seeking to expand its influence. The partnership is also expected to open new avenues for economic collaboration, trade, and investment between Nigeria and BRICS nations.
This development not only underscores Nigeria’s status as a major African powerhouse but also reflects its commitment to global cooperation and governance reform, positioning the country as a vital link in bridging the gap between emerging and developed economies.
About The Author
Subscribe to our Newsletter
Subscribe to our newsletter to get latest news, popular news and exclusive updates.
Most Read
Poll
-
Is raining season better than dry season