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April 21, 2024
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Across section of participants at the summit in Abuja

Experts want Nigeria to join BRICs for economic transformation

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By Angela Atabo

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.

The experts made the call at a summit in Abuja on Tuesday, with the theme: “BRICS+ And Global South Collaboration; Problems and Prospects”.

According to Prof. Williams Ijoma, President, United Nations Economic and Social Council Foundation, BRICS countries operate as an organisation seeking to further economic cooperation among member nations and increase their economic and political standing in the world.

“Nigeria joining BRICS is a gateway to boost its influence around the world, no doubt about it. This is based on the abundant human and natural resources to leverage on.

“UNESCO in collaboration with Universal Migration Enlightenment Centre is committed to increasing public awareness of the noble goals and prospects of BRICS and its power and impact on all aspects.

“Let me state unequivocally that Nigeria is ripe to become a member of the organisation.

“Already, the authorities are towing the path which I consider germane in our collective bid to strengthen the naira; revive the economy and enhance good governance,” he said.

He commended the Federal Government led by President Bola Tinubu, for his efforts to reposition the economy and making moves to join BRICS.

He called for synergy among Nigerians to achieve the set goal of becoming a member of BRICS, thereby, putting the country back to global reckoning and free itself from economic strangulation policies of the West.

Prof. Maurice Okoli, Fellow, Institute for African Studies and the Institute of World Economy and International Relations, Russian Academy of Sciences, said Nigeria joining BRICS was of great advantage.

“Nigeria joining BRICS will not affect her membership in other organisations.

“As a country you can belong to so many organisations, what you are looking for is how to grow your economy to ensure your people benefit economically,” he said.

Also, Prof. Ajibade Biodun, Founder, Horizon International University, Nigeria, said that joining BRICS would lessen the western grip on the country.

According to Biodun, it is time for us to look inward for vision able to sustain economic delivery.

“BRICS is the right way to go, South Africa went with BRICS years ago and has advanced economically.” (NAN)(www.nannews.ng)

Edited by Chinyere Bassey/Folasade Adeniran

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