• Home
  • Business
  • Nigeria aims to join BRICS and become part of the G20
Image

Nigeria aims to join BRICS and become part of the G20

Nigeria plans to join the BRICS economic bloc within the next two years and become a member of the G20 group of nations, as reported by Bloomberg.

As per the report, this decision is a strategic foreign policy move by Nigeria to enhance its influence within influential global political and economic organizations.

Minister of Foreign Affairs, Yusuf Tuggar explained that Nigeria is ripe to decide for herself the multi-lateral organizations she aligns with.

“Nigeria has come of age to decide for itself who her partners should be and where they should be, being multiple aligned is in our best interest,” he said.

The Minister highlighted that Nigeria qualifies for membership in organizations such as BRICS and G20, citing the country’s substantial economy and population size as fitting criteria.

“We need to belong to groups like BRICS, like the G-20 and all these other ones because if there’s a certain criterion, say the largest countries in terms of population and economy should belong, then why isn’t Nigeria part of it?” he added.

Related Posts

Genesis Energy,Desert Tech. announce clean energy alliance

Genesis Energy Holding, a Pan-African leader in clean energy infrastructure, and Desert Technologies Industries Factory CJSC, a Saudi-based…

Mouka reaffirms raw material leadership in Africa

Mouka, Nigeria’s leading manufacturer of quality sleep solutions and a proud member of the Dolidol International group, has…

Agboola advocates stronger cross-border infrastructure

Flutterwave CEO and Founder, Olugbenga “GB” Agboola , has called for accelerated investment in Africa’s cross-border payment infrastructure…

Munga increases stake in Equity Group by over $1.2m

Equity Group founder, Peter Munga, has made a strong return to the lender’s shareholder register, purchasing 3.64 million…

Nigerian Breweries gains N383bn revenue in Q1 2025

Nigerian Breweries Plc (NB) has posted a strong financial turnaround, recording a 69 per cent increase in net…

IHS Brazil expands Amazon coffee initiative

IHS Brazil has planted approximately 20,000 new seedlings across 10 hectares as part of its ongoing support for…

Maersk expands West Africa footprint with Senegal facility

In a bold move to strengthen its logistics footprint across West Africa, global shipping and logistics giant Maersk…

Ogunlesi leads BlackRock’s takeover of key Panama Canal ports

Nigerian mogul and the Founding Partner, Chairman, and Chief Executive Officer of Global Infrastructure Partners (GIP), Adebayo Ogunlesi,…

Kenya:Britam profit jumps 53.5% for fourth straight year

Britam Holdings posted a 53.5 percent jump in net profit to a record Sh5.03 billion ( over $38.9…