Nigeria joins BRICS as partner country as bloc’s expansion continues

Published 12:15 PM ET, Tuesday January 21, 2025

Abuja: Nigeria, Africa’s largest economy and most populous nation, joins BRICS (Brazil, Russia, India, China, and South Africa) as a partner country, marking a significant step in the bloc’s expansion efforts. This move highlights BRICS’ growing influence in the global economic and political landscape, as it seeks to create a more multipolar world order.

Nigeria’s inclusion reflects the country’s strategic importance as a major player in Africa, with its vast natural resources, growing middle class, and significant market potential.

For Nigeria, BRICS membership offers opportunities to enhance trade, attract investment, and collaborate on infrastructure development and technological advancements. It also provides Nigeria with a platform to advocate for African interests on the global stage.

For BRICS, the addition of Nigeria aligns with its aim to increase representation from the Global South and strengthen partnerships across developing economies.

This expansion could boost the bloc’s collective economic weight, enhance its ability to challenge traditional Western-dominated institutions, and foster deeper South-South cooperation.

This development underlines the dynamic shifts in global alliances and the increasing prominence of emerging economies in shaping the world’s economic future.