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Nigeria joining BRICS

Ever since its formation, the BRICS has been growing steadily and its appeal and influence as an alternative forum on global political and economic issues have gained ground considerably. The 15th summit of the BRICS group of countries took place amidst great expectations regarding the place of the group in the emerging world order. BRICS, an acronym for Brazil, Russia, India, China and South Africa was established in 2001, with the first four as BRIC and after South Africa joined in 2010, it became known as BRICS. One of the main platforms of the BRICS, the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA) which offers hope for developing countries to get a fair deal on their economic prospects and expectations, reflects this objective. Nigeria was represented at the summit by Vice President Kashim Shettima who must have seen for himself the opportunities and prospects that BRICS offers for Nigeria’s quest for economic development under President Tinubu’s administration. Will Nigeria  jointing BRICS affect its relation with the west ?

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