NewsNigeria joins BRICS as partner, signaling shift in global ties

Nigeria joins BRICS as partner, signaling shift in global ties

Nigeria has officially joined BRICS as a partner country. This aligns with the group's strategy of increasing influence, particularly in opposing the G7 countries. Russia plays a significant role in this process.

Bola Tinubu President of Nigeria
Bola Tinubu President of Nigeria
Images source: © Getty Images | 2024 Anadolu
Przemysław Ciszak

The Ministry of Foreign Affairs of Brazil, which currently holds the BRICS chair, announced that Nigeria has become an official partner of this international organisation. This information was confirmed during the BRICS summit in Kazan in October. "In exercising its pro tempore presidency of BRICS, the Brazilian government announces today, January 17, 2025, the formal admission of Nigeria as a partner country of the grouping. The Brazilian government welcomes the Nigerian government’s decision," reads the statement on the website of Brazil's Ministry of Foreign Affairs.

BRICS gains momentum

Nigeria has been officially recognised as a BRICS partner country, joining nations such as Belarus, Cuba, and Uzbekistan, reports "Kommersant". Partnership does not equate to full membership, but it is a necessary step in that direction. This allows Nigeria to participate in the group's activities, even if the formal criteria are not fully met.

Nigeria, the most populous country in Africa and the sixth most populous in the world, is actively strengthening cooperation with the Global South countries. Common interests with other BRICS members facilitated its joining this group. Nigeria is the ninth country to gain BRICS partner status, joining countries such as Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan.

Russia plays a key role

The inclusion of Nigeria as a BRICS partner aligns with the strategy of increasing the group's influence, especially in opposing the G7 countries. Russia plays a key role in this process, striving to transform the global economic structure to benefit developing countries.

During the October summit in Kazan, Vietnam, Algeria, and Turkey were also mentioned as BRICS partners. Other African countries, such as Algeria and Uganda, are also joining BRICS, increasing the group's significance in the region. This inclusion could introduce new tensions but also offers the opportunity to strengthen members' economies in the global context.

The expansion of BRICS over the years illustrates the group's ambitions in creating an alternative currency system. The aim is independence from dominant world currencies, which will gain importance in early 2025, when another nine countries join the bloc.

Related content

© Daily Wrap
·

Downloading, reproduction, storage, or any other use of content available on this website—regardless of its nature and form of expression (in particular, but not limited to verbal, verbal-musical, musical, audiovisual, audio, textual, graphic, and the data and information contained therein, databases and the data contained therein) and its form (e.g., literary, journalistic, scientific, cartographic, computer programs, visual arts, photographic)—requires prior and explicit consent from Wirtualna Polska Media Spółka Akcyjna, headquartered in Warsaw, the owner of this website, regardless of the method of exploration and the technique used (manual or automated, including the use of machine learning or artificial intelligence programs). The above restriction does not apply solely to facilitate their search by internet search engines and uses within contractual relations or permitted use as specified by applicable law.Detailed information regarding this notice can be found  here.