BRICS Summit: President Tinubu Calls For Overhaul Of Global Governance

By Temitope Mustapha

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President Bola Tinubu has urged a reassessment of the existing global governance framework, as well as the financial and healthcare systems, emphasising the need for increased fairness and inclusion for low-income and emerging economies, especially those in Africa.

At the 17th BRICS summit in Rio de Janeiro, Brazil, President Bola Tinubu emphasised that environmental degradation, the climate crisis, and healthcare inequalities demand greater focus. He highlighted that these challenges significantly hinder economic growth and development, urging the Global South and emerging economies to prioritise addressing them.

President Tinubu, attending the BRICS summit at the invitation of Brazil’s President Luiz Inácio Lula da Silva, affirmed Nigeria’s support for BRICS’ commitment to collective, fair, and equitable global development.

A statement by the Presidential Spokesperson, Bayo Onanuga, stated that the Nigerian Leader, President  Tinubu, invited by Brazilian President Luiz Inácio Lula da Silva to participate in the summit, expressed Nigeria’s endorsement of the BRICS coalition’s commitment to fostering collective, fair, and equitable global development.

President Tinubu, invited to the summit by Brazil’s President Luiz Inacio Lula Da Silva, stated that Nigeria supports the BRICS position on the need to focus on collective, fair, and equitable global development.

 Nigeria became the ninth partner country of BRICS in January 2025, joining Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan. The 16th BRICS Summit in Kazan in October 2024 created the partner-country category.

President Tinubu said, “Nigeria, therefore, associates with what I have heard today and all that has happened in BRICS. The next issues are financial restructuring and reevaluation of the global structure.”

He noted that environmental degradation, climate crisis, and global healthcare inequalities were shared concerns pertinent to Africa.

“Africa has contributed the least to global emissions but suffers the most, he added.

President Tinubu emphasised the need for a new path of justice, anchored in fairness, sustainable technology transfer, and accessible financing, so that emerging economies can fully benefit from various initiatives.

“The African continent is creating the path through the African Carbon Market Initiative and the Great Green Wall. We believe that COP-30 will strengthen our resolve to adopt a strategic approach to achieving a healthy global environment.

Nigeria strongly believes in South-South cooperation. We can, therefore, not be passive participants in global decision-making on financial restructuring, debt forgiveness, climate change, environmental issues, and healthcare.

“We must be the architects of a future that addresses the specific needs and concerns of youths, who represent 70 per cent of our population in Nigeria. Therefore, Nigeria remains guided by our long-term vision, 2050, and nationally determined contribution.

 “We are taking bold steps to accelerate renewable energy adoption, mainstream climate action, promote nature-based solutions, strengthen urban resilience, champion South-South cooperation, align with the global renewal framework and achieve universal health coverage for all,” the President stated.

President Tinubu also said that addressing non-communicable diseases must remain a collective health concern.

“As we approach COP-30 and look to strengthen the global health system, we believe the BRICS must not only be a bloc for emerging economies but also a beacon for emerging solutions and resolutions rooted in solidarity, self-reliance, sustainability, and shared prosperity of a common future.

“Nigeria reaffirms its commitment to strategic collaboration that translates into sustainable and inclusive development for all,” he noted.

Ambassador Yusuf Tuggar, the Minister of Foreign Affairs, and Wale Edun, the Minister of Finance, accompanied the President to the summit.

In exercising its pro tempore presidency of BRICS, the Brazilian government announced Nigeria’s formal admission as a partner country on January 17, 2025.

 As the world’s sixth-most populous country and one of Africa’s major economies, Nigeria shares convergent interests with other BRICS members.

Nigeria plays an active role in strengthening South-South cooperation and reforming global governance, which are top priorities during Brazil’s current presidency.

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