Home » At BRICS Summit, Tinubu calls for reevaluation of global governance structure

At BRICS Summit, Tinubu calls for reevaluation of global governance structure

by Wikdaily
0 comments
At BRICS Summit, Tinubu calls for reevaluation of global governance structure

President Bola Tinubu has called for a reevaluation of the current global governance structure and the financial and healthcare systems, urging greater equity and inclusion for low-income and emerging economies, particularly in Africa.

At the 17th meeting of the Global South and the Emerging Economies bloc, BRICS, on Saturday in Rio de Janeiro, Brazil, the president stated that environmental degradation, the climate crisis, and healthcare inequalities should receive more attention, as they contribute to slowing growth and development.

President Tinubu, invited to the summit by Brazil’s President Luiz 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.

Article Page with Financial Support Promotion

Nigerians need credible journalism. Help us report it.

Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.

Help us maintain free and accessible news for all with a small donation.

Every contribution guarantees that we can keep delivering important stories —no paywalls, just quality journalism.

SUPPORT NOW
x
Do this later

“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.

Yusuf Tuggar, the minister of Foreign Affairs, and Wale Edun, the minister of Finance, accompanied the president to the summit.

READ ALSO: Tinubu to attend BRICS Summit in Brazil, travel to Saint Lucia

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

Bayo Onanuga
Special Adviser to the President
(Information & Strategy)

Support PREMIUM TIMES’ journalism of integrity and credibility

At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.

Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.

It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.

Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news? 

Make Contribution

TEXT AD: Call Willie – +2348098788999

You may also like

Leave a Comment

Welcome to WikDaily, your trusted source for the latest news, trends, and insights across the globe. We are a dynamic blog-style news platform committed to delivering fast, accurate, and engaging content across a variety of topics—from breaking headlines to deep dives into tech, business, entertainment, travel, sports, and more.

Edtior's Picks

Latest Articles