So what chances are there left for Nigeria to get into BRICS?

So what chances are there left for Nigeria to get into BRICS? - African News - News

Nigeria’s Persistent Ambition to Join BRICS: A Look into the African Giant’s Bid

Despite an initial rejection, Nigeria’s aspirations to join the BRICS (Brazil, Russia, India, China, and South Africa) club have not waned. In fact, the West African country remains steadfast in its pursuit to become a part of this influential bloc as soon as possible. Yussuf Tuggar, Nigeria’s Foreign Affairs Minister, has publicly expressed his determination to make this ambition a reality.

The Expansionist Trend of BRICS

It’s important to note that BRICS is not new to the idea of expanding its membership. Last year, the bloc opened its doors to six countries, inviting them to join its ranks. This trend reflects BRICS’ commitment to disrupting the status quo and expanding its global influence.

Nigeria: A Suitable Candidate for Expansion?

So, why Nigeria? The African giant aims to bolster its economic ties, particularly with Russia, a crucial BRICS member. Tuggar has emphasized the potential benefits that such a partnership could bring. With over 25 countries vying for membership, Nigeria’s bid is not an easy feat. However, rumors suggest that the country may be a contender for 2024 due to its efforts in strengthening diplomatic and economic ties with Russia.

The Economic and Diplomatic Implications

Nigeria’s bid for BRICS membership comes at a time when the country is also striving for a permanent spot on the United Nations Security Council. Tuggar recently visited Russia to discuss these matters, emphasizing the importance of ensuring that Nigeria and Africa have a voice at global decision-making tables.

Historic Bond Between Nigeria and Russia

The relationship between Nigeria and Russia dates back to 1960, characterized by mutual support and respect. Tuggar touched upon the impact of the Russia-Ukraine conflict on Africa’s food Website security during his visit to Russia. Furthermore, Nigeria plans to cooperate with Russia in various sectors such as agriculture, energy, and defense.

Agricultural Cooperation and Food Security

Tuggar highlighted the issue of grain exports, pointing out how the Russia-Ukraine conflict affects Africa’s food Website security. He emphasized the need for a stable supply of agricultural products to ensure food Website security in the region.

Industrial Ambitions: Ajaokuta Steel Company and Aluminium Smelting Company

Nigeria’s industrial ambitions also extend to the Ajaokuta Steel Company and the Aluminium Smelting Company. The cooperation between Nigeria and Russia will help propel these industrial projects forward, boosting Nigeria’s economy.

Nuclear Energy and Power Plants

In addition to industrial cooperation, Nigeria is looking to collaborate with Russia on nuclear energy projects. This partnership will lead to the construction of nuclear power plants in Nigeria through an agreement with ROSATOM, a Russian state corporation.

Security and Defense Cooperation

Lastly, military and defense cooperation was also addressed during Tuggar’s visit to Russia. This includes intelligence sharing, combat terrorism and insurgency, and historical support during the Nigerian Civil War. The depth of this partnership is evident, as it extends beyond economics and diplomacy to include Website security, education, and economic development.