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Reading: In the next two years, Nigeria will be joining BRICS
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In the next two years, Nigeria will be joining BRICS

Ehabahe Lawani
Ehabahe Lawani 14 Views

Bloomberg said on Wednesday that Nigeria’s foreign minister declared the country’s intention to join the BRICS alliance within the next two years.

The West African country is willing to join any alliance with positive, well-defined objectives, according to Yusuf Tuggar, who also stated that the action is a component of the Nigerian government’s attempts to guarantee representation and influence on the international scene, as reported by the source.

Nigeria is old enough to determine for herself who and where her companions should be. We are better off being multiple aligned, the diplomat was cited as saying.

Currently, South Africa, China, India, Russia, and Brazil make up the group of big emerging economies. In August, invitations were extended to Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates to become members of the BRICS.

Earlier this week, Diana Mondino, the president-elect of Argentina, stated that the country had no plans to join BRICS, despite the fact that all six are scheduled to formally join in January.

Argentina may not gain much from joining the organisation, according to Mondino, but the government will weigh any possible benefits. This was stated to Sputnik Brazil.

But Nigeria, which is likewise aiming to join the G20, thinks it would have more political and economic clout if it were a member of BRICS.

“Why isn’t Nigeria a part of it if there’s a certain criteria, say the largest countries in terms of population and economy should belong, then we need to belong to groups like BRICS, like the G20 and all these others?” the Nigerian ambassador said Bloomberg.

The largest economy in Africa has stated that it would like to join BRICS, although it has not yet made an official application.

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Vice President of Nigeria Kashim Shettima said in August that the administration must confer with the Federal Executive Council and the National Assembly before to applying for membership. Shettima represented Abuja at the most recent BRICS Summit in Johannesburg.

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