Nigeria is prepared to sever its ties to the West in an effort to become a member of the illusive BRICS alliance.
- Nigeria is seeking a BRICS membership to enhance its global economic influence.
- Foreign Affairs Minister Yusuf Tuggar emphasizes the strategic importance of joining the group for Nigeria.
- The influential economic alliance welcomed some new members back in August.
Nigeria, Africa’s largest economy, is attempting to join the elusive BRICS club in order to become an influential force on the world economic stage, as reported by Bloomberg.
According to Bloomberg, Nigeria, the largest economy in Africa, is making an effort to become a member of the elusive BRICS club in order to gain influence on the global economic scene.
Nigeria intends to join the organization within the next two years, according to Yusuf Tuggar, the country’s minister of foreign affairs. Additionally, he said that the nation intends to join additional useful associations with well-defined goals.
“Being multiple aligned is in our best interest; Nigeria has come of age to decide for herself who her partners should be and where they should be,” the minister declared.
“If there is a certain criterion, say the largest countries in terms of population and economy should belong, then why isn’t Nigeria part of it?” he continued. “We need to belong to groups like BRICS, like the G-20, and all these other ones.”
The BRICS group and what it stands for
Brazil, Russia, India , China and South Africa are the founding members of BRICS. [CGTN]
The original BRICS (Brazil, Russia, India, China, and South Africa) group has been actively advocating for a shift in the global economic structure. The main goal of the group is to expand its economic power and take the lead in the worldwide market.
In order to do this, the club first brought together its founding members, who are all of same economic philosophy. They recently made the decision to grow the group in order to bolster its cause and intensify its attempts to change the status quo. Fundamentally, BRICS seeks to undermine the centuries-long, powerful economic hegemony of the West over the global economy.
It welcomed Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, and the United Arab Emirates as new members soon after its annual meeting in August. Nigeria is hoping to join this organization.
According to the details provided here, it is thought that Nigeria has not yet joined because of its strong and long-standing links to the West.
Furthermore, it is extremely divisive if Nigeria has actually submitted an application to join the club in the past. Although the nation’s vice president, Kashim Shettima, refuted any allegations that Nigeria had submitted an application to join the BRICS organization, Nigeria is included among the countries that have shown interest in and attempted to join BRICS, according to publicly accessible data.
Nigeria, which has the largest economy in Africa, has put its name in the BRICS hat and may make a compelling argument to be admitted.
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