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BRICS 2025: Tinubu advocates review of global governance, finance, healthcare systems

President Bola Ahmed Tinubu and Other Delegates at 17th meeting of the Global South and the Emerging Economies Bloc, BRICS, in Rio de Janeiro, Brazil Photo: State House

*President Bola Ahmed Tinubu the global leaders for a new path of justice, anchored in fairness, sustainable technology transfer, and accessible financing, so emerging economies can fully benefit from various initiatives

Isola Moses | ÂÌñÏׯÞ

President Bola Ahmed Tinubu has advocated a reevaluation of the current global governance structure and financial and healthcare systems.

Tinubu, who stated this at the weekend during the 17th meeting of the Global South and the Emerging Economies bloc, BRICS, in Rio de Janeiro, Brazil, urged greater equity and inclusion for low-income and emerging economies, particularly in Africa.

The Nigerian President stated that environmental degradation, climate crisis, and healthcare inequalities should receive more attention, as they contribute to slowing growth and development.

Tinubu, invited to the summit by Brazil’s President Luiz Inacio Lula Da Silva, affirmed Nigeria’s support for 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.

Mr. Bayo Onanuga, Special Adviser to the President on Information and Strategy states 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 also noted that environmental degradation, climate crisis, and global healthcare inequalities were shared concerns pertinent to the African continent.

“Africa has contributed the least to global emissions but suffers the most,” the Nigerian leader asserted.

President Tinubu further 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.”

He asserted: “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.”

The President noted: “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 percent of our population in Nigeria.”

Tinubu also stated: “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.”

According to President Tinubu addressing non-communicable diseases must remain a collective health concern.

The President said: “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.

Tinubu restates Nigeria’s commitment to strategic collaboration

President Tinubu, in his address, stated: “Nigeria reaffirms its commitment to strategic collaboration that translates into sustainable and inclusive development for all.”

The Presidency disclosed

Ambassador Yusuf Tuggar, Honourable Minister for Foreign Affairs, and Mr. Wale Edun, Honourable Minister for Finance and Coordinating Minister of the Economy, accompanied the President to the summit, in Rio de Janeiro.

In exercising its pro tempore presidency of BRICS, the Brazilian Government announced Nigeria’s formal admission as a partner country 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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President Bola Ahmed Tinubu at the BRICS 2025 Summit, in Rio de Janeiro, Brazil        Photo: State House

 

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