{[name]}
{[post]}
We need to adjust our economic structure, achieve development of better quality, build closer economic partnership, boost the building of an open world economy and establish a global development partnership
Monday, March 25, 2024
Experts Want Nigeria to Join BRICs for Economic Transformation
A group of academicians have emphasised the need for Nigeria to join BRICS, an economic bloc comprising Brazil, Russia, India, China and South Africa for economic transformation
Russia took the rotating presidency of the BRICS group in 2024. Yury Ushakov, Russian presidential foreign policy aide, has granted TASS an interview in which he previewed Moscow’s priorities, prospects for BRICS development and expansion, and commented on the West’s attempts to impede the association’s activities
One of the interesting BRICS-related developments in the course of this month was the release of a poll conducted by Gallup International with ROMIR agency conducting the Russian part of this poll
South Africa will play a key role in the further expansion of the BRICS bloc this year, with a further 34 countries submitting an expression of interest in joining the bloc of major emerging economies
Against the backdrop of a sizeable expansion in BRICS membership, debates have intensified over the expediency of the bloc’s institutionalization to cope with the rising complexity in its operations
Interest in the ongoing conflict in Ukraine has focused substantially on the military and political situation, with some arguing that there has been little attention paid to the wider implications, one of which is the growth of the BRICS+ organisation. BRICS started as an informal reference to an unofficial grouping of countries that were growing in size but were not considered to be part of the ‘west’ as America and Europe would consider themselves
The Minister of Foreign Affairs, Amb. Yusuf Tuggar has said Nigeria is presently exploring the possibility of joining BRICS and not given up of its ambition of becoming a permanent member of the Security Council of the United Nations