In a significant development, Brazil’s government has announced Nigeria inclusion as a partner country in the BRICS bloc. The announcement, made on Friday, underscores Nigeria’s increasing influence in global cooperation and governance.
Brazil, set to preside over the bloc in 2025, cited Nigeria’s pivotal role in the Global South and its commitment to reforming global governance as key factors in its inclusion.
The Brazilian Foreign Ministry, Itamaraty, highlighted Nigeria’s stature on the world stage:
“As the 6th largest population in the world and the 1st on the African continent, as well as one of the largest economies in Africa, Nigeria has converging interests with the other members of the group.”
Nigeria’s partnership with BRICS aligns with the bloc’s goals of fostering economic growth, enhancing cooperation among emerging markets, and promoting a more equitable global order.
BRICS Expansion
The BRICS bloc comprising Brazil, Russia, India, China, and South Africa has been expanding its partnerships to include nations across Latin America, Eastern Europe, and Asia. Nigeria now joins eight other partner countries, reflecting its strategic importance and growing influence in international affairs.
Meanwhile, This inclusion provides Nigeria with new opportunities to collaborate with major global players on pressing issues such as trade, technology, and sustainable development. It also positions the country as a vital bridge between Africa and other emerging markets.
Also, As Nigeria begins its journey within the BRICS framework, this partnership is expected to unlock significant potential for economic and political collaboration, benefiting both Nigeria and the broader global community.
Stay tuned to 9am News Nigeria for more Breaking News, Business News, Sports updates And Entertainment Gists.