‘Nigeria, Turkey trade volume hits N250bn in 4 years’


Date posted: June 9, 2014

NIGERIA

The volume of trade between Nigeria and Turkey increased by 95 percent within four years, a Turkish industrialist has said.

Speaking to some Nigerian journalists in Istanbul, the President of Confederation of Businessmen and Industrialists of Turkey, (TUSKON) Mr Rizanur Meral said in 2008 total trade volumes between the two countries was $802million but risen to about $1.5billion(N250 billion) in 2012.

Nigeria export to Turkey was $522m and imported goods worth $280 million from Turkey within the years, he said.

But he said Nigeria exports increased to $1.124 billion in 2012 and imported goods and services worth $439m in the same year.

He said the increase was due to awareness created by his association for the businessmen in the two countries through organizing seminars and business to business meetings.

He said within the period, goods such as leather, sesame seeds, furniture, aluminum, building materials, cocoa, rubber and oil and gas resources, fish, iron and steel, babies diapers, textile among others dominated the transaction.

According to him, if the 2013 trade volumes’ figures are released they will be more than the 2012’s.

Also speaking, the president of the Association of Businesspeople And Investors of Nigeria and Turkey (ABINAT) Yavuz Zemheri said the relationship is not only to import goods between the two countries but to exchange manpower and export businessmen and women for the two countries. Zemheri said ABINAT is working to establish businesses that would transfer technologies to Nigerian Small and Medium Enterprises in the areas of building materials, agriculture and household materials.

He said their intervention has facilitated business trips and meetings with an average of about 300 people annually in the last three years between the two countries.

Source: dailytrust , June 9, 2014


Related News

Deputy Premier Arinc: We are quite happy of the success of Turkish schools in Yemen

Arinc said: “I give my thanks to all my brothers and sisters who came here from Turkey with enthusiasm to open these schools and who enjoy working here with devotion and pleasure.

Tanzanian Minister hails Turkey for continued support in education

Tanzania ISHIK Medical and Education Foundation managed to sponsor more than 200 students to study in Turkey universities in different fields.

Liberian Government: Turkish school to remain open

The Liberian Government says the Turkish Light International School System remains a private institution of learning in Liberia and enjoys all the privileges provided all educational institutions operating in the country have until it concludes an investigation into allegations that operators of the school here were linked to a failed coup in Turkey.

Liberia: ‘Go Beyond Secondary Education’- VP Urges Liberia’s Turkish Light International School

Liberia’s Vice President Joseph Nyumah Boakai has urged the administration of the Liberian Turkish Light International School to improve the quality of education beyond the secondary level in the country.

Liberia: Turkish School to Remain Open

The Government of Liberian says the Turkish Light International School System remains a private institution of learning in Liberia and enjoys all the privileges provided all educational institutions operating in the country until it concludes an investigation into allegations that operators of the school here were linked to a failed coup in Turkey.

Turkish charity announces cooperation with German counterpart

ASYA, the disaster team of the Turkish charity Kimse Yok Mu, declared its cooperation with the German humanitarian organization I.S.A.R. with a press release on March 30.

Latest News

Turkish inmate jailed over alleged Gülen links dies of heart attack in prison

Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney

Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement

ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment

New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement

European Human Rights Treaty Faces Legal And Political Tests

ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases

Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade

Fethullah Gülen’s Vision and the Purpose of Hizmet

In Case You Missed It

Reflections on Hizmet Movement at conference in Taiwan

Turkey’s recent view from the US

Niagara Foundation’s Peace & Dialogue Awards – Michigan 2014

Dialogue Institute provides insight in Kansas City area on Turkey

Kimse Yok Mu reaches out to 12,000 families in Palestine

Turkic American Convention kicks off with opening gala cruise

Students of Turkish school in Iraq learn four languages

Copyright 2026 Hizmet News