BRICS

The Ministry of Foreign Affairs, on Saturday, January 18, 2025, announced that Nigeria has accepted the invitation to join BRICS as a partner country.

The ministry announced this in a statement issued by the acting spokesperson for the ministry, Kimiebi Ebienfa.

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The ministry stated that the partnership will help align Nigeria’s aspirations for inclusive growth and regional integration, in line with the best practices of strategic autonomy.

“The Federal Government of Nigeria has accepted the invitation to join BRICS as a partner country,” it noted.

It stressed that the formal acceptance highlighted Nigeria’s commitment to fostering international collaboration, leveraging economic opportunities, and advancing strategic partnerships that aligned with the nation’s development objectives.

The ministry said: “BRICS, as a collective of major emerging economies, presents a unique platform for Nigeria to enhance trade, investment, and socio-economic cooperation with member countries.

“Nigeria aims to use this partnership to advance shared goals in areas such as trade and investment, energy security, infrastructure development, technology, and climate change.”

Argentina, Egypt, Ethiopia, Iran, S’Arabia, UAE join BRICS countries

The ministry also stressed that the partnership aligned with Nigeria’s national aspirations for inclusive growth, regional integration, and active participation in shaping a fair and equitable global economic order, consistent with the country’s ethos of strategic autonomy.

The ministry expressed hope to engage constructively with BRICS members to drive innovation and foster people-to-people exchanges, in alignment with national interests and strategic priorities.

BRICS is an intergovernmental organisation consisting of ten countries – Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates (UAE).

It was established in 2009 by Brazil, Russia, India, and China, with South Africa joining a year later in 2010.

The bloc was created to counterbalance the Group of Seven (G7), which consists of advanced economies. BRICS aims to amplify the influence of developing nations.

The Star

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