‘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

Report: Erdoğan’s anti-Turkish school rhetoric damages Turkish-African ties

President Recep Tayyip Erdoğan’s unrelenting denunciation of schools affiliated with the Gülen community and calls for the closure of the schools over the past two years have been harshly criticized in the central African country of Cameroon.

Uganda president praises Turkish schools’ success, calls for deeper cooperation

Attending opening ceremony of the sixth Turkish school founded by a group of volunteers to cement ties between two countries, Uganda’s President Yoweri Museveni expressed his joy over the attempt of Turkey’s elite entrepreneurs who played key roles in establishment of a wide network of schools across the African continent in order to boost inter-cultural and inter-religious dialogue.

Coup in Turkey, Turkish Schools in Nigeria, and Implications for Nigeria’s National Security

President Erdogan has also asked the Government of Nigeria to close down all Turkish schools in Nigeria allegedly because Fetullah Gulen was the main architect of the failed coup in Turkey. Is this request in Nigeria’s national interest? In which way is the Turkish failed coup likely to impact on Nigeria’s national security? How important is Nigeria-Turkish relations in the country’s overall global relations?

Hospital to be opened by volunteer Turkish doctors in Ethiopia

A hospital is set to be established jointly by the Marmara Health Federation (MASFED) and Turkish charity Kimse Yok Mu (Is Anybody There) in the African country of Ethiopia, where the average life expectancy in only 40 years. The 40-bed hospital is expected to open on Aug. 1. A total of 50 medical health-care personnel […]

Nigeria: Our students in Turkey

Nigerian students studying in Turkey have been detained in airports after being interrogated like criminals. About 50 of them were detained in Istanbul’s Ataturk Airport for 11 hours; some were deported, even though they were bona fide students who were yet to complete their studies.

Erdoğan’s African mission and dismantling Turkish schools

How do Recep Tayyip Erdoğan’s repeated calls for the closure of Turkish schools located on the African continent, particularly in Sub-Saharan Africa, serve Turkish national interests? It appears that in his fight against a “parallel structure,” which he equates with institutions and people inspired by the faith-based Gülen movement, also known as the Hizmet movement, the current Turkish president is losing a sense of direction.

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

Imam who lives in rural Pennsylvania arouses praise, concerns

Hate Crime: Lists of “Gulen pupils” circulating in Amsterdam

Georgia: MEP Rebecca Harms on Asylum for Cabuk

60 Minutes – CBS News, Fethullah Gulen advocates education

PKK’s venomous mouthpiece targets US, Gülen

Fethullah Gulen sends his condolences to victims of Boston bombings

Education remains an alarming concern for scores of Syrian refugees

Copyright 2026 Hizmet News