close
Tuesday, November 26, 2024

Nigeria partners MIKTA group to bolster economy

The federal government says it will continue to work closely with Mexico, Indonesia, the Republic of Korea, Türkiye, and Australia to bolster Nigeria’s economy.

• November 26, 2024
MIKTA
MIKTA

The federal government says it will continue to work closely with Mexico, Indonesia, the Republic of Korea, Türkiye, and Australia (MIKTA) to bolster Nigeria’s economy.

MIKTA, also known as the Middle Powers or Great Nations, came into being in 2013 as a group of countries coming together to foster mutual growth and tackle global challenges through shared experiences.

Foreign affairs minister Yusuf Tuggar disclosed this during the MIKTA Roundtable presentations on Monday in Abuja, which were organised to promote constructive exchanges on topics of shared interest.

According to Mr Tuggar, it is important to listen and learn how the countries in the group evolved, mitigated security crises, and achieved greatness.

The Nigerian minister said, “MIKTA has a diverse geographical constitution and cultural distinction, and as historically unique nations, they all stand out with commonwealth within them.

“They are committed to democracy and the Rule of Law in international cooperation. These values resonate strongly with Nigeria as a nation. In the past decade, the organisation has showcased its ability to collaborate on shared priorities such as women empowerment, climate change, economic development, and establishment of a unique role in global governance.

“One of MIKTA’s greatest strengths is its commitment to best practices. As Nigeria aims to build on achievements while tackling ongoing challenges, it stands to benefit immensely from the group’s extensive experience. Each member in the group brings a distinct narrative on lessons that can guide us forward.”

He described the group as an organisation platform for mutual learning and a bridge between regions and cultures, saying that the regular meetings of MIKTA president and foreign ministers on common goals illustrate commitment to fostering meaningful collaboration.

He stated that the model of dialogue and consensus building was something Nigeria deeply values while assuring the group that Nigeria will continue to strive to be a member of G20 and further strengthen bilateral and multinational ties.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Abubakar Kyari

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

PORT HARCOURT REFINERY (CREDIT: Daily post)

Economy

Petrol Price Hike: Port Harcourt refinery begins operation

NNPCL boss Mele Kyari is leading the team in inspecting the first lifting of petroleum products from the facility after its rehabilitation.

Sustainable Development Goals (SDGs).

Africa

Africa’s progress on SDGs faces mounting challenges: ASDR Report

The ASDR 2024 report was unveiled on the sideline of the African Economic Conference in Gaborone, Botswana.

Gold CFDs

Uncategorized

Timeless safe haven and modern opportunity of trading gold CFDs

The arrival of gold CFDs has introduced a new dimension to gold trading.

A composite of Governor Babajide Sanwo-Olu and #EndSARS protesters used to illustrate this story

Lagos

Sanwo-Olu suspends aide who revealed how soldiers executed #EndSARS protesters for attacking Tinubu’s TVC

He said, “The full story of people who burnt down TVC in 2020 will be told one day, with gory clips and images…majority of them have been hunted down and executed.

Unrest in South Sudan (Credit: Foreign Policy)

Africa

Wars, extreme weather conditions displace 35 million in Africa: Report

Wars and extreme weather conditions have driven up the number of people in Africa who are fleeing within their own country.

Trump and Trudeau

World

Canada stresses importance to U.S. after Trump tariff tirade

“We will, of course, continue to discuss these issues with the incoming administration,” the ministers added.