Nigeria Joins BRICS Alliance, Strengthening Global Economic Influence

Written on 19/01/2025
Live Mint

Nigeria has officially joined the BRICS group of emerging-market powers, which includes Brazil, Russia, India, China, and South Africa.

The alliance, now expanded to include nations like Egypt, Ethiopia, Indonesia, and the UAE, aims to bolster its global influence and challenge the dominance of the U.S. dollar in oil and gas trading.

With Nigeria’s inclusion, BRICS is poised to serve as a stronger counterweight to the Group of Seven (G7) industrialized nations, further amplifying its economic and geopolitical clout.



Nigeria’s acceptance of the group was communicated in a statement on Saturday by the acting spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa.

“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,” it said. 

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