Former Nigerian diplomats have voiced concerns over Nigeria's exclusion from influential global groups like the G20 and BRICS+, attributing it to the country's struggling economy and political instability.
Speaking on the socio-political program "Inside Sources with Laolu Akande" on Channels Television, Usman Sarki, Nigeria’s former Deputy Permanent Representative to the United Nations, Lawrence Obisakin, former Ambassador to Benin Republic, and Fred Eno, ex-Senior Advisor to the United Nations (Nigeria Office), highlighted key reasons behind Nigeria's non-membership in these prestigious blocs.
Sarki pointed out that Nigeria's economic management and stability fall short of the standards expected by global economic leaders. He emphasized the necessity for disciplined economic policies to attract investments and improve international perception.
Obisakin echoed Sarki’s sentiments, underscoring that membership in global blocs like G20 and BRICS+ hinges not only on economic size but also on political stability and aligned interests. He highlighted recent security challenges and economic vulnerabilities as deterrents to Nigeria's international appeal.
Eno, aligning with Sarki and Obisakin, attributed Nigeria's exclusion to institutional weaknesses and the government's inability to harness the country's vast potential effectively. He advocated for prioritizing human capital development and addressing internal economic challenges before seeking international recognition.
The discussion also addressed Nigeria’s economic indicators compared to those of South Africa, a member of both G20 and BRICS+. Despite Nigeria’s larger population and substantial GDP, its import-dependent economy and currency volatility pose barriers to global integration.
Established to coordinate global economic policies, the G20 includes major economies like the United States, China, and Germany, while BRICS+ unites emerging economies like Brazil, Russia, India, China, and South Africa. The addition of new members in recent years has expanded BRICS+ influence to encompass nearly 37% of global GDP.
As Nigeria navigates its economic and political landscape, the ex-envoys urged the government to implement lasting solutions to economic challenges and strengthen institutional frameworks to improve global standing.