{"id":24322,"date":"2025-01-20T18:25:58","date_gmt":"2025-01-20T12:55:58","guid":{"rendered":"http:\/\/localhost\/current-affairs\/2025\/01\/20\/nigeria-joins-brics-a-milestone-in-global-south-collaboration-8293\/"},"modified":"2026-11-03T10:32:55","modified_gmt":"2026-11-03T10:32:55","slug":"nigeria-joins-brics-a-milestone-in-global-south-collaboration-8293","status":"publish","type":"post","link":"https:\/\/www.class24.study\/current-affairs\/nigeria-joins-brics-a-milestone-in-global-south-collaboration-8293\/","title":{"rendered":"Nigeria Joins BRICS: A Milestone in Global South Collaboration"},"content":{"rendered":"

Nigeria officially accepted the invitation to become a BRICS Partner Country in January 2025, marking an important development in its international relations and economic diplomacy. The announcement was made during Brazil’s BRICS presidency, and the Nigerian government formally confirmed its acceptance on 18 January 2025.<\/span><\/p>\n

This development strengthened the participation of African countries in the BRICS cooperation framework and created new opportunities for Nigeria to engage with major emerging economies. Nigeria is one of Africa’s largest economies and has significant natural resources, a large population and an important position in international energy markets.<\/span><\/p>\n

However, it is important to understand that Nigeria joined BRICS as a <\/span>Partner Country, not as a Full Member<\/b>. This distinction is important for competitive examinations and international affairs.<\/span><\/p>\n

Through this partnership, Nigeria aims to strengthen cooperation in trade, investment, energy security, infrastructure development, technology and climate action. The decision also reflects the growing importance of South-South cooperation and the demand for greater representation of developing countries in global institutions.<\/span><\/p>\n

Key Highlights of Nigeria Joining BRICS<\/b><\/h2>\n

The following table covers the most important details of Nigeria’s BRICS partnership.<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Particulars<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
Country<\/span><\/td>\nNigeria<\/span><\/td>\n<\/tr>\n
BRICS Status<\/span><\/td>\nPartner Country<\/span><\/td>\n<\/tr>\n
Formal Acceptance<\/span><\/td>\n18 January 2025<\/span><\/td>\n<\/tr>\n
Announcement<\/span><\/td>\nJanuary 2025<\/span><\/td>\n<\/tr>\n
BRICS Presidency (2025)<\/span><\/td>\nBrazil<\/span><\/td>\n<\/tr>\n
Capital<\/span><\/td>\nAbuja<\/span><\/td>\n<\/tr>\n
Largest City<\/span><\/td>\nLagos<\/span><\/td>\n<\/tr>\n
Continent<\/span><\/td>\nAfrica<\/span><\/td>\n<\/tr>\n
Official Language<\/span><\/td>\nEnglish<\/span><\/td>\n<\/tr>\n
Currency<\/span><\/td>\nNigerian Naira<\/span><\/td>\n<\/tr>\n
President (2025)<\/span><\/td>\nBola Ahmed Tinubu<\/span><\/td>\n<\/tr>\n
Main Objective<\/span><\/td>\nEconomic and diplomatic cooperation<\/span><\/td>\n<\/tr>\n
Important Areas<\/span><\/td>\nTrade, investment, energy and infrastructure<\/span><\/td>\n<\/tr>\n
Partnership Framework<\/span><\/td>\nBRICS Partner Country Category<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

What is the BRICS Partner Country Status?<\/b><\/h2>\n

BRICS introduced a separate Partner Country category during the 16th BRICS Summit held in Kazan, Russia, in October 2024.<\/span><\/p>\n

This framework was created to provide countries that are not full members with opportunities to participate in selected BRICS activities and discussions.<\/span><\/p>\n

Partner Countries can participate in certain BRICS meetings and contribute to discussions on international economic and political issues.<\/span><\/p>\n

They may also endorse BRICS Summit Declarations, Foreign Ministers’ Joint Declarations and other agreed final documents.<\/span><\/p>\n

However, Partner Countries do not have the same status as full members and should not be counted as full members of the grouping.<\/span><\/p>\n

Important features of BRICS Partner Country Status:<\/b><\/p>\n

    \n
  • It provides an additional framework for international cooperation.<\/span><\/li>\n
  • Partner Countries can receive invitations to BRICS Summits.<\/span><\/li>\n
  • They may participate in meetings of BRICS Foreign Ministers.<\/span><\/li>\n
  • They can be invited to other BRICS meetings through the agreed consultation process.<\/span><\/li>\n
  • They may endorse certain BRICS declarations and final documents.<\/span><\/li>\n
  • Their participation depends on the framework and consensus of BRICS members.<\/span><\/li>\n<\/ul>\n

    Nigeria’s inclusion under this category created an opportunity for greater engagement with emerging economies.<\/span><\/p>\n

    How Did Nigeria Join BRICS?<\/b><\/h2>\n

    Nigeria had been strengthening its international partnerships and exploring opportunities for greater economic cooperation with developing countries.<\/span><\/p>\n

    BRICS offered an important platform for achieving these objectives.<\/span><\/p>\n

    During the Russian BRICS presidency, the grouping developed the Partner Country framework following the 2024 Kazan Summit.<\/span><\/p>\n

    In January 2025, Nigeria formally accepted the invitation to become a BRICS Partner Country.<\/span><\/p>\n

    Brazil, which held the rotating BRICS presidency in 2025, announced the development.<\/span><\/p>\n

    The Nigerian Federal Ministry of Information and National Orientation confirmed the government’s decision on 18 January 2025.<\/span><\/p>\n

    Important developments in Nigeria’s BRICS partnership:<\/b><\/p>\n

      \n
    1. The BRICS Partner Country framework was introduced during the Kazan Summit in October 2024.<\/span><\/li>\n
    2. Several countries were invited to participate under the new framework.<\/span><\/li>\n
    3. Nigeria received an invitation to become a BRICS Partner Country.<\/span><\/li>\n
    4. Nigeria formally accepted the invitation in January 2025.<\/span><\/li>\n
    5. Brazil announced Nigeria’s inclusion in the partnership framework.<\/span><\/li>\n
    6. Nigeria became one of the initial nine BRICS Partner Countries.<\/span><\/li>\n<\/ol>\n

      This development expanded BRICS cooperation with African countries and strengthened the group’s engagement with the Global South.<\/span><\/p>\n

      List of BRICS Partner Countries<\/b><\/h2>\n

      The first group of BRICS Partner Countries was announced in January 2025.<\/span><\/p>\n

      Nigeria was included alongside eight other countries.<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
      S. No.<\/b><\/td>\nPartner Country<\/b><\/td>\n<\/tr>\n
      1<\/span><\/td>\nBelarus<\/span><\/td>\n<\/tr>\n
      2<\/span><\/td>\nBolivia<\/span><\/td>\n<\/tr>\n
      3<\/span><\/td>\nKazakhstan<\/span><\/td>\n<\/tr>\n
      4<\/span><\/td>\nCuba<\/span><\/td>\n<\/tr>\n
      5<\/span><\/td>\nMalaysia<\/span><\/td>\n<\/tr>\n
      6<\/span><\/td>\nThailand<\/span><\/td>\n<\/tr>\n
      7<\/span><\/td>\nUganda<\/span><\/td>\n<\/tr>\n
      8<\/span><\/td>\nUzbekistan<\/span><\/td>\n<\/tr>\n
      9<\/span><\/td>\nNigeria<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

      These countries became part of the initial BRICS Partner Country framework effective from 1 January 2025, with Nigeria formally accepting the invitation in January.<\/span><\/p>\n

      Vietnam was subsequently announced as the tenth BRICS Partner Country.<\/span><\/p>\n

      Important Exam Point:<\/b> Nigeria is the ninth country in the initial BRICS Partner Country group announced in January 2025. It is not the 11th full member of BRICS.<\/span><\/p>\n

      What is BRICS?<\/b><\/h2>\n

      BRICS is a grouping of major emerging economies that provides a platform for international political, diplomatic and economic cooperation.<\/span><\/p>\n

      The name BRICS represents the initials of its original members: Brazil, Russia, India, China and South Africa.<\/span><\/p>\n

      The grouping aims to strengthen cooperation among developing countries and increase their participation in international decision-making.<\/span><\/p>\n

      BRICS focuses on economic development, international trade, investment, financial cooperation, sustainable development and reforms in global governance.<\/span><\/p>\n

      Unlike a conventional international organisation, BRICS does not have a constitutive treaty, a permanent secretariat or an independent organisational budget.<\/span><\/p>\n

      Its activities are coordinated through meetings, summits and cooperation among member countries.<\/span><\/p>\n

      Major objectives of BRICS include:<\/b><\/p>\n

        \n
      • Promoting economic cooperation among emerging economies.<\/span><\/li>\n
      • Strengthening international trade and investment.<\/span><\/li>\n
      • Encouraging sustainable economic development.<\/span><\/li>\n
      • Supporting reforms in international financial institutions.<\/span><\/li>\n
      • Increasing the representation of developing countries.<\/span><\/li>\n
      • Promoting cooperation in science and technology.<\/span><\/li>\n
      • Strengthening energy and food security.<\/span><\/li>\n
      • Encouraging South-South cooperation.<\/span><\/li>\n
      • Promoting multilateralism in international relations.<\/span><\/li>\n<\/ul>\n

        History and Formation of BRICS<\/b><\/h2>\n

        The history of BRICS began with the term BRIC, introduced by economist Jim O’Neill of Goldman Sachs in 2001.<\/span><\/p>\n

        The term represented four emerging economies: Brazil, Russia, India and China.<\/span><\/p>\n

        These countries gradually developed diplomatic and economic cooperation through international meetings.<\/span><\/p>\n

        The first BRIC Summit was held in 2009 in Yekaterinburg, Russia.<\/span><\/p>\n

        South Africa subsequently joined the grouping, and the name changed from BRIC to BRICS.<\/span><\/p>\n

        Over time, the grouping expanded its membership and introduced a separate Partner Country framework.<\/span><\/p>\n

        Important milestones in BRICS history:<\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
        Year<\/b><\/td>\nImportant Development<\/b><\/td>\n<\/tr>\n
        2001<\/span><\/td>\nThe term BRIC was introduced by Jim O’Neill<\/span><\/td>\n<\/tr>\n
        2006<\/span><\/td>\nBRIC cooperation began at the diplomatic level<\/span><\/td>\n<\/tr>\n
        2009<\/span><\/td>\nFirst BRIC Summit held in Russia<\/span><\/td>\n<\/tr>\n
        2010<\/span><\/td>\nSouth Africa’s admission was agreed upon<\/span><\/td>\n<\/tr>\n
        2011<\/span><\/td>\nSouth Africa became a full BRICS member<\/span><\/td>\n<\/tr>\n
        2023<\/span><\/td>\nExpansion was announced at the Johannesburg Summit<\/span><\/td>\n<\/tr>\n
        2024<\/span><\/td>\nNew full members joined and the Partner Country framework was introduced<\/span><\/td>\n<\/tr>\n
        2025<\/span><\/td>\nIndonesia became a full member and Nigeria joined as a Partner Country<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        Why Is Nigeria Important for BRICS?<\/b><\/h2>\n

        Nigeria’s inclusion as a Partner Country is important because of its economic position, natural resources, population and strategic importance in Africa.<\/span><\/p>\n

        It provides BRICS with an additional platform for engagement with one of the continent’s major economies.<\/span><\/p>\n

          \n
        1. Strengthening African Representation<\/b><\/li>\n<\/ol>\n

          Nigeria is one of the most influential countries in West Africa.<\/span><\/p>\n

          Its participation in BRICS activities can strengthen cooperation between African countries and other emerging economies.<\/span><\/p>\n

          Nigeria is also an important member of the African Union and plays a significant role in regional diplomatic and economic discussions.<\/span><\/p>\n

            \n
          1. Expanding International Trade<\/b><\/li>\n<\/ol>\n

            Nigeria has opportunities to strengthen trade relations with BRICS countries.<\/span><\/p>\n

            Important areas of potential cooperation include:<\/span><\/p>\n

              \n
            • Crude oil and natural gas.<\/span><\/li>\n
            • Agricultural products.<\/span><\/li>\n
            • Industrial manufacturing.<\/span><\/li>\n
            • Infrastructure development.<\/span><\/li>\n
            • Mining and mineral resources.<\/span><\/li>\n
            • Technology and digital services.<\/span><\/li>\n
            • Transportation and logistics.<\/span><\/li>\n<\/ul>\n

              Such cooperation can help Nigeria diversify its international economic partnerships.<\/span><\/p>\n

                \n
              1. Energy Security<\/b><\/li>\n<\/ol>\n

                Nigeria is an important oil and natural gas producer in Africa.<\/span><\/p>\n

                Its energy resources create opportunities for cooperation with countries that have large energy markets and advanced energy technologies.<\/span><\/p>\n

                BRICS provides a platform to discuss energy investment, infrastructure development and sustainable energy solutions.<\/span><\/p>\n

                  \n
                1. Infrastructure Development<\/b><\/li>\n<\/ol>\n

                  Infrastructure is an important requirement for Nigeria’s economic development.<\/span><\/p>\n

                  The country requires investment in transportation, electricity, roads, ports and industrial infrastructure.<\/span><\/p>\n

                  Greater cooperation with emerging economies can create opportunities for investment and technology transfer.<\/span><\/p>\n

                    \n
                  1. Strengthening the Global South<\/b><\/li>\n<\/ol>\n

                    Nigeria’s partnership supports the broader objective of strengthening cooperation among developing countries.<\/span><\/p>\n

                    It provides another opportunity for African countries to participate in discussions on international trade, finance and global governance reforms.<\/span><\/p>\n

                    What is the Global South?<\/b><\/h2>\n

                    The Global South is a broad term used for developing and emerging countries, particularly across Africa, Asia and Latin America.<\/span><\/p>\n

                    These countries often share common development challenges, including poverty, infrastructure gaps, economic inequality, climate change and limited representation in international decision-making.<\/span><\/p>\n

                    The concept is not based strictly on geographical location. It is also associated with economic development and the position of countries in the international system.<\/span><\/p>\n

                    BRICS provides a platform for countries of the Global South to discuss common concerns and strengthen their international cooperation.<\/span><\/p>\n

                    Major objectives of Global South cooperation include:<\/b><\/p>\n

                      \n
                    • Improving economic development.<\/span><\/li>\n
                    • Increasing access to international finance.<\/span><\/li>\n
                    • Strengthening trade among developing economies.<\/span><\/li>\n
                    • Promoting technological development.<\/span><\/li>\n
                    • Addressing climate change.<\/span><\/li>\n
                    • Improving food and energy security.<\/span><\/li>\n
                    • Increasing representation in global institutions.<\/span><\/li>\n
                    • Encouraging cooperation between developing countries.<\/span><\/li>\n<\/ul>\n

                      Nigeria’s participation as a BRICS Partner Country supports these broader objectives.<\/span><\/p>\n

                      Economic Importance of Nigeria<\/b><\/h2>\n

                      Nigeria is one of Africa’s major economies and has significant economic potential.<\/span><\/p>\n

                      Its large population, natural resources, energy sector and domestic market make it an important country in regional and international economic discussions.<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
                      Economic Indicator<\/b><\/td>\nImportant Information<\/b><\/td>\n<\/tr>\n
                      Country<\/span><\/td>\nNigeria<\/span><\/td>\n<\/tr>\n
                      Capital<\/span><\/td>\nAbuja<\/span><\/td>\n<\/tr>\n
                      Largest City<\/span><\/td>\nLagos<\/span><\/td>\n<\/tr>\n
                      Currency<\/span><\/td>\nNigerian Naira<\/span><\/td>\n<\/tr>\n
                      Central Bank<\/span><\/td>\nCentral Bank of Nigeria<\/span><\/td>\n<\/tr>\n
                      Major Natural Resources<\/span><\/td>\nPetroleum, natural gas and solid minerals<\/span><\/td>\n<\/tr>\n
                      Important Economic Sectors<\/span><\/td>\nOil and gas, agriculture, services and manufacturing<\/span><\/td>\n<\/tr>\n
                      Major Regional Organisation<\/span><\/td>\nEconomic Community of West African States (ECOWAS)<\/span><\/td>\n<\/tr>\n
                      Continent<\/span><\/td>\nAfrica<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                      Nigeria’s participation in BRICS-related activities can support discussions on investment, infrastructure, energy and international trade.<\/span><\/p>\n

                      BRICS and the New Development Bank (NDB)<\/b><\/h2>\n

                      The New Development Bank is an important financial institution established by BRICS countries.<\/span><\/p>\n

                      It was created to support infrastructure and sustainable development projects in emerging economies and developing countries.<\/span><\/p>\n

                      The bank was established in 2014 during the sixth BRICS Summit in Fortaleza, Brazil, and began operations in 2015.<\/span><\/p>\n

                      Its major areas of financing include transportation, clean energy, water management and sustainable infrastructure.<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n
                      Particulars<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
                      Name<\/span><\/td>\nNew Development Bank<\/span><\/td>\n<\/tr>\n
                      Abbreviation<\/span><\/td>\nNDB<\/span><\/td>\n<\/tr>\n
                      Established<\/span><\/td>\n2014<\/span><\/td>\n<\/tr>\n
                      Headquarters<\/span><\/td>\nShanghai, China<\/span><\/td>\n<\/tr>\n
                      First President<\/span><\/td>\nK. V. Kamath<\/span><\/td>\n<\/tr>\n
                      Founding Members<\/span><\/td>\nBrazil, Russia, India, China and South Africa<\/span><\/td>\n<\/tr>\n
                      Main Objective<\/span><\/td>\nFinancing infrastructure and sustainable development<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                      Important:<\/b> BRICS and the New Development Bank are different entities. BRICS is a cooperation grouping, whereas NDB is a multilateral development bank.<\/span><\/p>\n

                      Nigeria’s Partner Country status should not automatically be confused with NDB membership.<\/span><\/p>\n

                      Major Areas of Cooperation Between Nigeria and BRICS<\/b><\/h2>\n

                      Nigeria’s partnership creates opportunities for engagement in several important sectors.<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
                      Sector<\/b><\/td>\nPotential Area of Cooperation<\/b><\/td>\n<\/tr>\n
                      Trade<\/span><\/td>\nIncreasing bilateral and multilateral trade<\/span><\/td>\n<\/tr>\n
                      Energy<\/span><\/td>\nOil, natural gas and renewable energy<\/span><\/td>\n<\/tr>\n
                      Infrastructure<\/span><\/td>\nRoads, railways, ports and electricity<\/span><\/td>\n<\/tr>\n
                      Agriculture<\/span><\/td>\nAgricultural technology and food security<\/span><\/td>\n<\/tr>\n
                      Technology<\/span><\/td>\nDigital innovation and knowledge exchange<\/span><\/td>\n<\/tr>\n
                      Investment<\/span><\/td>\nIndustrial and private-sector investment<\/span><\/td>\n<\/tr>\n
                      Climate<\/span><\/td>\nClimate action and sustainable development<\/span><\/td>\n<\/tr>\n
                      Finance<\/span><\/td>\nInternational financial cooperation<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                      These areas are aligned with Nigeria’s stated priorities of economic growth, strategic partnerships and inclusive development.<\/span><\/p>\n

                      Challenges Faced by BRICS<\/b><\/h2>\n

                      Although BRICS has expanded its cooperation framework, it faces several challenges.<\/span><\/p>\n

                      The member countries and partner countries have different political systems, economic structures and international priorities.<\/span><\/p>\n

                      These differences can make coordination difficult.<\/span><\/p>\n

                        \n
                      1. Different Economic Interests<\/b><\/li>\n<\/ol>\n

                        BRICS countries have different economic structures.<\/span><\/p>\n

                        Some are major energy exporters, while others are manufacturing economies or large consumer markets.<\/span><\/p>\n

                        As a result, their priorities regarding trade, investment and economic policies may differ.<\/span><\/p>\n

                          \n
                        1. Political Differences<\/b><\/li>\n<\/ol>\n

                          The countries involved in BRICS cooperation do not always share the same political and diplomatic interests.<\/span><\/p>\n

                          For example, India and China have unresolved border-related differences.<\/span><\/p>\n

                          Such issues can affect cooperation on certain international matters.<\/span><\/p>\n

                            \n
                          1. Geopolitical Rivalries<\/b><\/li>\n<\/ol>\n

                            International conflicts and regional rivalries can create differences among BRICS participants.<\/span><\/p>\n

                            These issues may influence discussions on international security, trade and diplomatic cooperation.<\/span><\/p>\n

                              \n
                            1. Financial System Challenges<\/b><\/li>\n<\/ol>\n

                              BRICS has discussed increasing the use of local currencies in international trade.<\/span><\/p>\n

                              However, developing alternative payment arrangements requires strong financial infrastructure, coordination and long-term cooperation.<\/span><\/p>\n

                                \n
                              1. Coordination Among Expanding Participants<\/b><\/li>\n<\/ol>\n

                                As the number of members and partners increases, organising meetings and reaching common positions can become more complicated.<\/span><\/p>\n

                                Maintaining consensus while respecting different national interests remains an important challenge.<\/span><\/p>\n

                                Important Facts About Nigeria and BRICS for Competitive Exams<\/b><\/h2>\n

                                The following questions and answers are useful for SSC, UPSC, Banking, RRB and State Government examinations.<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                                Question<\/b><\/td>\nAnswer<\/b><\/td>\n<\/tr>\n
                                Which country joined BRICS as a Partner Country in January 2025?<\/span><\/td>\nNigeria<\/span><\/td>\n<\/tr>\n
                                When did Nigeria formally accept the invitation?<\/span><\/td>\n18 January 2025<\/span><\/td>\n<\/tr>\n
                                Which country held the BRICS presidency in 2025?<\/span><\/td>\nBrazil<\/span><\/td>\n<\/tr>\n
                                What is Nigeria’s BRICS status?<\/span><\/td>\nPartner Country<\/span><\/td>\n<\/tr>\n
                                Is Nigeria a full member of BRICS?<\/span><\/td>\nNo<\/span><\/td>\n<\/tr>\n
                                How many countries were included in the initial partner group announced in January 2025?<\/span><\/td>\nNine<\/span><\/td>\n<\/tr>\n
                                Which country announced Nigeria’s inclusion?<\/span><\/td>\nBrazil<\/span><\/td>\n<\/tr>\n
                                What is the capital of Nigeria?<\/span><\/td>\nAbuja<\/span><\/td>\n<\/tr>\n
                                What is the currency of Nigeria?<\/span><\/td>\nNigerian Naira<\/span><\/td>\n<\/tr>\n
                                What is the largest city of Nigeria?<\/span><\/td>\nLagos<\/span><\/td>\n<\/tr>\n
                                On which continent is Nigeria located?<\/span><\/td>\nAfrica<\/span><\/td>\n<\/tr>\n
                                What is the full form of BRICS?<\/span><\/td>\nBrazil, Russia, India, China and South Africa<\/span><\/td>\n<\/tr>\n
                                Who introduced the term BRIC?<\/span><\/td>\nJim O’Neill<\/span><\/td>\n<\/tr>\n
                                When was the term BRIC introduced?<\/span><\/td>\n2001<\/span><\/td>\n<\/tr>\n
                                Where was the first BRIC Summit held?<\/span><\/td>\nYekaterinburg, Russia<\/span><\/td>\n<\/tr>\n
                                When was the first BRIC Summit held?<\/span><\/td>\n2009<\/span><\/td>\n<\/tr>\n
                                When was the BRICS Partner Country framework introduced?<\/span><\/td>\n2024<\/span><\/td>\n<\/tr>\n
                                Where was the 16th BRICS Summit held?<\/span><\/td>\nKazan, Russia<\/span><\/td>\n<\/tr>\n
                                What is the New Development Bank headquartered?<\/span><\/td>\nShanghai, China<\/span><\/td>\n<\/tr>\n
                                What does Global South broadly refer to?<\/span><\/td>\nDeveloping and emerging countries<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                                Conclusion<\/b><\/h2>\n

                                Nigeria joining BRICS as a Partner Country in January 2025 represents an important step in its international economic and diplomatic engagement. The partnership creates opportunities for greater cooperation in trade, investment, energy, infrastructure, technology and sustainable development.<\/span><\/p>\n

                                Nigeria’s inclusion also strengthens the engagement of African economies with the BRICS cooperation framework and supports the broader objectives of the Global South.<\/span><\/p>\n

                                However, Nigeria’s status must be clearly understood. It is a Partner Country and not a full member of BRICS. This distinction is particularly important for students preparing for competitive examinations.<\/span><\/p>\n

                                Overall, Nigeria’s participation reflects the growing importance of South-South cooperation and the efforts of developing countries to achieve greater representation in global economic and political discussions.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

                                This year Nigeria becomes the BRICS member being the second country in Africa to join this important economic and political organization. The current chair of the Brazil, Russia, India, China, and South Africa (BRICS) grouping announced Nigeria’s interests in the grouping, especially on matters of cooperation and changing global order. Nigeria now become a member […]<\/p>\n","protected":false},"author":4,"featured_media":26043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-24322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/24322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/comments?post=24322"}],"version-history":[{"count":2,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/24322\/revisions"}],"predecessor-version":[{"id":28998,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/24322\/revisions\/28998"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/media\/26043"}],"wp:attachment":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/media?parent=24322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/categories?post=24322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/tags?post=24322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}