‘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

Turkish Schools excel in South Africa

A total of 159 students from Star College had participated in last year’s matric exams amongst a total of 654,723 students across the country. The college’s 100% success rate at the 2013 National Senior Certificate was widely acclaimed by the country’s press.

Oil-rich Nigeria seeks Turkish energy, construction partnerships

BUĞRA KARDAN Turkish-Nigerian mutual trade could grow by leaps and bounds in the coming years as businesspeople from the two countries begin to show signs of greater interest in building partnerships and mutual investments. The African country’s deputy chief of mission in Ankara, Foluso Oluwole Adeshida, accompanied by the deputy head of the Nigerian Association […]

Nigerien Deputy Ministers examine Turkish Education System

Four Nigerien deputy ministers who are impressed by the Turkish schools operating in their country have come to Turkey to examine Turkish education system on site. The delegation consisted of General Manager of Primary Education Yahamadou Tehamago Ali, Higher Education General Manager Ali Habu, Secondary Education General Manager Zahari Hima Barkire, Private Educational Institutions General […]

Ethiopian Minister of Foreign Affairs holds talks with TUSKON delegation

Foreign Affairs Minister Dr. Tedros Adhanom held talks Thursday with the representatives of TUSKON, the Turkish Confederation of Businessmen and Industrialists. Dr. Tedros told the delegation that the Government of Ethiopia deeply valued the relationship between Ethiopia and Turkey.

Ethiopian president hails contribution of Turkish schools to education

Ethiopian President Mulatu Teshome said Turkish schools in Ethiopia are considered to be a major contributing factor to the education sector in the country. “There are Turkish schools [along] with the growing number of international and Ethiopian students in the country. As far as providing quality education, it is helping in the development of education, and we don’t have any problems with the schools,” he added.

Libyan minister would like to see Turkish teachers, schools in his country

Libya’s minister of higher education said on Thursday he would welcome the establishment of Turkish schools in his country. Naim Ghariani, Libya’s minister of higher education, said his country would like to see the opening of Turkish schools and would welcome Turkish teachers and students. Encouraged by Turkish Islamic scholar Fethullah Gülen, Turkish entrepreneurs have […]

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

Hypocrisy in languages: criticizing Fethullah Gülen, English or Turkish?

Enforced Disappearance: Cases of Hizmet Movement members and International Law

The Gülen Movement in the public sphere

Foreign Policy Magazine Interviewed Fethullah Gulen

Great interest shown in Turkish school in Egypt

Gulen Schools Fight Provokes New Tensions in Bosnia

SCF Reveals Mass Torture And Abuse In An Unofficial Detention Facility In Turkey’s Capital

Copyright 2026 Hizmet News