Nigeria has joined the BRICS intergovernmental organization as a partner nation.
BRICS is an acronym for the grouping of leading emerging market economies, namely Brazil, Russia, India, China and South Africa which aims to promote trade, investment, peace, security, development and cooperation.
The bloc disclosed this in a post on its X handle on Thursday.
It read: “BRICS officially adds 13 new nations to the alliance as partner countries (not full members).”
In January 2024, four countries namely, Iran, Egypt, Ethiopia and the United Arab Emirates joined the organization
The founding countries of Brazil, Russia, India, and China held the first summit in Russia in 2009 under the name BRIC.
Following a renaming of the organization, South Africa attended its first summit as a member in 2011 after joining the group in 2010.
Iran, Egypt, Ethiopia, and the United Arab Emirates attended their first summit as member states at the 2024 summit in Russia.
The 2024 BRICS summit themed: “Strengthening Multilateralism for Fair Global Development and Security,” is the 16th annual BRICS summit, currently taking place in Kazan, Russia, from October 22 to 24.
Along with Nigeria other 12 countries that newly joined the group include Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Turkey, Uganda, Uzbekistan and Vietnam.
