Would you like to receive notifications on latest updates of the following headlines?

Nigeria officially joins BRICS as alliance expands

POSTED ON October 25, 2024 •   World      BY Benedicta Bassey
Leaders at BRICS summit/ Photo credit: AriseTV

Nigeria has officially joins BRICs as it expands its alliance to accommodate 13 new nations as partner countries.

The official endorsement was announced during the BRICS summit held in Kaza, Russia, from October 22 through 24, 2024, though Nigeria and the new addition countries are not full members yet.

The countries are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam.

With the announcement, Nigeria officially joins the BRICS as a partner country.

BRICS, originally an acronym for Brazil, Russia, India, and China, expanded in 2010 to include South Africa.

The group has since added Egypt, Ethiopia, Iran, and the United Arab Emirates as full members, all of whom attended this year’s summit as full participants.

The organisation aims to foster trade, investment, development, security, and cooperation among leading emerging market economies.

The 2024 summit, themed, 'Strengthening Multilateralism for Fair Global Development and Security,' marked the 16th annual gathering of the bloc, with a focus on enhancing economic integration with key emerging nations.

The bloc wrote in a social media post on X (formerly twitter) that, “BRICS officially adds 13 new nations to the alliance as partner countries (not full members).”

The spokesperson for the Ministry of Foreign Affairs, Amb Eche Abu-Obe, on Thursday, confirmed the report saying that Nigeria is a partner in BRICS.

“Yes. It is true that Nigeria joined BRICS as a partner,” he said.

Nigeria’s inclusion as a partner country aligns with previous statements in November 2023 by the Minister of Foreign Affairs, Yusuf Tuggar, who expressed the country’s intention to join BRICS as a full member within the next two years, leveraging its large economy and population.

READ ALSO
Tinubu lauds ECOWAS for regional integration, economic progress at golden jubilee
BY Abiodun Saheed Omodara April 23, 2025 0

President Bola Tinubu has praised the Economic Community of West African States (ECOWAS) for promoti...

READ ALSO
Trade Wars Take Center Stage at IM ,World Bank Spring Meetings
BY Abiodun Saheed Omodara April 22, 2025 0

Global finance leaders are convening in Washington this week for the semi-annual meetings of the Int...

READ ALSO
Tinubu mourns Passing of Pope Francis: A Voice for the Voiceless
BY Abiodun Saheed Omodara April 21, 2025 0

President Bola Tinubu has expressed his condolences alongside global leaders over the death of Mario...

READ ALSO
Timeless Legacies: Top 10 ancient civilizations that shaped the modern world
BY Abiodun Saheed Omodara April 19, 2025 0

Ancient civilizations laid the foundation for modern society, contributing to everything from govern...

READ ALSO
WTO warns of global trade decline amid U.S. tariffs
BY Abiodun Saheed Omodara April 17, 2025 0

The World Trade Organization (WTO) has issued a warning that global trade could decrease this year a...

READ ALSO
Boosting Trade: Tinubu's commitment to regional integration with ECOWAS tariff signing
BY Abiodun Saheed Omodara April 15, 2025 0

Reinforcing Nigeria's commitment to expanding regional trade, President Bola Tinubu signed the Econo...

READ ALSO
ECOWAS advocates for unified investment strategies to navigate global economic challenges
BY Abiodun Saheed Omodara April 15, 2025 0

The Economic Community of West African States (ECOWAS) has urged its member nations to enhance their...

READ ALSO
General Brice Secures 90% of Victory in Gabon's Presidential Election
BY Abiodun Saheed Omodara April 14, 2025 0

General Brice Oligui Nguema, the military ruler of Gabon, has emerged victorious in Saturday’s...

OUR CHANNELS:

Oyebanji, Ooni Urge traditional rulers to support investment for state development
BY Abiodun Saheed Omodara April 27, 2025 0

EKITI, Nigeria - Governor of Ekiti State, Biodun Oyebanji, alongside the Ooni of Ife, Oba Adeyeye En...


Police arrest 16-year-old with locally made firearm in Lagos
BY Abiodun Saheed Omodara April 27, 2025 0

LAGOS, Nigeria - The Lagos State Police Command has taken into custody a 16-year-old boy found with...


Lagos  taskforce launches major clean-up operation, Arrests 52 at mid hour
BY Abiodun Saheed Omodara April 28, 2025 0

LAGOS, Nigeria - The Lagos State Environmental and Special Offences (Enforcement) Unit conducted a r...


JAMB clarifies examination center allocation process amidst misinformation
BY Abiodun Saheed Omodara April 27, 2025 0

The Joint Admissions and Matriculation Board (JAMB) is offering a substantial financial incentive to...


NDLEA seizes ₦1bn worth of cannabis, Arrest three suspects
BY Abiodun Saheed Omodara April 27, 2025 0

LAGOS, Nigeria - The National Drug Law Enforcement Agency (NDLEA) has detained three alleged busines...


Family seeks Justice following Police arrest and disappearance
BY Abiodun Saheed Omodara April 27, 2025 0

The family of Osas Azenabor, who was allegedly arrested by police on November 1, 2024, in the Mile 1...


Local groups seek FG backing to fight insecurity in Nigeria
BY Abiodun Saheed Omodara April 27, 2025 0

In the face of increasing insecurity nationwide, hunters and farmers are urging the Federal Governme...


Zulum raises alarm over Boko Haram resurgence in Borno State
BY Abiodun Saheed Omodara April 27, 2025 0

Borno, Nigeria - The Governor of Borno State, Babagana Zulum has expressed concern about the re-emer...


Atiku declares 2027 elections a referendum against Tinubu's administration
BY Abiodun Saheed Omodara April 27, 2025 0

Former Vice President Atiku Abubakar has stated that the upcoming 2027 general election will not be...


CBN allows cash transactions for 2025 pilgrims to Mecca following VP intervention
BY Abiodun Saheed Omodara April 27, 2025 0

ABUJA, Nigeria - The Central Bank of Nigeria (CBN) has granted permission for the 2025 intending pil...


More Articles

Load more...

Menu