‘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

Baseless allegations damage publicly traded firms

The ruling Justice and Development Party (AK Party) government has tried to scapegoat the Hizmet movement via conspiracy theories to evade attention stemming from the corruption allegations. A number of news stories broke soon after Ala’s claims, reporting that Bank Asya’s accounts were being scrutinized for misconduct.

Turkey’s top Muslim cleric visits Turkish school in Cameroon

Religious Affairs Directorate President Mehmet Görmez visited a Turkish Schoolin the Cameroonian capital of Yaounde on Monday, where he praised the contribution of Turkish schools in Africa. Görmez, accompanied by Turkish Airlines Chairman Hamdi Topçu, was welcomed at the Amity International Turkish School with a ceremony by students and school administrators. The visitors listened to […]

Parents Reject Decision to Shut Down Gülen-inspired Schools in Morocco

Zouhir Mohammed Kadour, the Director of the Mohammed Al-Fatih School, said, “We are shocked by the announcement of the Interior Ministry […] We’ve worked for the Al-Fatih School Group for 22 years. We followed the Moroccan curriculum, the Moroccan Ministry of Education program, and the school staff is Moroccan.”

Gov’t pressure to shut down Turkish schools sparks outcry

Prime Minister Recep Tayyip Erdoğan’s government’s attempts to shut down Turkish schools abroad that are affiliated with the Hizmet movement, which is inspired by the teachings of Islamic cleric Fethullah Gülen, have sparked an outcry among opposition figures and diplomats, who criticize the government for “abusing education because of personal hostility.”

School Children, Not Tools Of War: A Nigerian’s opinion on Gulen, Hizmet and Erdogan

AS a Nigerian who has experienced Turks and their culture both at home and in Turkey for over a decade of my life, I have come to see and feel Turkey as my second country. My first interaction with the Turkish society was through education in Abuja at one of their many schools nationwide before I went on to spend five years in Istanbul.

Turkey is gateway to Europe: exporters urged to collaborate with Turkish companies

Confederation of Businessmen and Industrialists of Turkey (TUSKON) is organising a new track of its world famous series of international business summits, more than 2000 visitors from more than 124 countries are expected to participate in the event, expecting business agreements to the tune of $3 billion.

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

An Ideal, Dynamic, Democratic Education

Turkish medical group goes to Tanzania with largest medical personnel team

Kofi Annan’s remarks about Gulen Movement

Sudan arrests Gülen-linked businessman at Turkey’s request

New book examines efforts to link Gülen to every probe

Turkish school graduates in Bosnia now teachers at alma maters

School Children, Not Tools Of War: A Nigerian’s opinion on Gulen, Hizmet and Erdogan

Copyright 2026 Hizmet News