The Federal Govt has introduced its acceptance of becoming a member of BRICS as a spouse nation, marking a step in its efforts to enhance world collaboration and economic growth.
The Ministry of International Affairs showed the improvement in a commentary signed through its spokesperson, Kimiebi Ebienfa, on Saturday.
BRICS, a bloc comprising primary rising economies, trade in Nigeria a platform to increase industry, funding, and socio-economic cooperation with member international locations.
In keeping with the commentary, the verdict underscores Nigeria’s loyalty to leveraging alternatives for expansion in key disciplines equivalent to power safety, infrastructure construction, generation, and surrounding trade.
The partnership aligns with Nigeria’s broader aspirations for inclusive expansion, regional integration, and a extra equitable international financial framework.
“The Federal Government of Nigeria has accepted the invitation to join BRICS as a partner country. The formal acceptance to participate as a partner country underscores Nigeria’s commitment to fostering international collaboration, leveraging economic opportunities, and advancing strategic partnerships that align with Nigeria’s development objectives,” the commentary learn partly.
FG expressed optimism about attractive with BRICS participants to foster innovation, deepen financial ties, and inspire people-to-people exchanges, all date pursuing Nigeria’s nationwide pursuits and priorities.
The commentary added, “Nigeria is eager to leverage this platform to exit shared objectives in industry and funding, power safety, infrastructure construction, generation, and surrounding trade.
“This partnership additionally aligns with our nationwide aspirations for inclusive expansion, regional integration, and energetic participation in shaping an even and equitable international financial sequence in sequence with our ethos of strategic democracy.
“Nigeria looks forward to engaging constructively with BRICS members to drive innovation, foster people-to-people exchanges in line with our national interests and strategic priorities.”
BRICS, in the beginning an acronym for Brazil, Russia, Bharat, and China, expanded in 2010 to incorporate South Africa, thus inauguration BRICS.
The gang has since added Egypt, Ethiopia, Iran, and the United Arab Emirates as complete participants previous in 2024, all of whom attended this age’s peak as complete members.
The organisation goals to foster industry, funding, construction, safety, and cooperation amongst rising marketplace economies.
Nigeria’s inclusion as a spouse nation aligns with earlier statements in November 2023 through International Minister Yusuf Tuggar, who expressed the rustic’s aim to secured BRICS as a complete member throughout the then two years, leveraging its massive economic system and family.