Nigeria Joins BRICS as Partner Nation: Africa’s Largest Economy Takes Seat at Global Economic Table
Video Credit: Oneindia - Duration: 03:24s - Published
Nigeria Joins BRICS as Partner Nation: Africa’s Largest Economy Takes Seat at Global Economic Table
Nigeria has officially been welcomed as a partner country in the BRICS alliance, marking a major milestone for Africa’s largest economy.
Brazil announced this historic development, highlighting Nigeria’s significant role in global governance and South-South cooperation.
Joining other partner nations like Belarus, Cuba, and Malaysia, Nigeria now aligns with one of the world’s most influential economic alliances, initially formed by Brazil, Russia, India, China, and South Africa.
What does this mean for Nigeria and global economic dynamics?
Watch the full video to find out!
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Russian Foreign Minister Sergey Lavrov, alongside India’s S. Jaishankar, accused the U.S. of weaponizing the dollar and using sanctions as “economic colonialism.” Lavrov warned that even allies are unsafe from Washington’s unpredictability, framing BRICS as a counterbalance to Western dominance. India backed the bloc, stressing it is “not anti-West, just not Western.” With BRICS expanding to include nations like Iran, UAE, and Egypt, the bloc now represents over 40% of the global population, aiming to reshape financial systems, technology, and influence in the Global South.
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