‘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

Panicky parents calmed over Feza Schools closure reports

The director assured the public that claims linking the institution to an alleged terror network were grossly untrue and a fabrication made with the intention of spoiling its image. “Our schools have no link with any terror group, we are a local registered charity organisation where every single sent obtained from schools fee is used for the redevelopment of the schools,” he added.

I came to Nigeria with just a piece of luggage –Turkish International Colleges foundation coordinator

When Behlul Basaran arrived Nigeria in 2000 from Turkey, he was armed with a single piece of luggage, an enthusiastic spirit and hope. Inside his luggage was his letter of scholarship for a university education from the Hizmet Movement, which had started building a relationship and foundation for quality education with Nigeria.

Erdogan in East Africa to fight against Gulen

Turkish President Recep Tayyip Erdogan arrived in Tanzania on January 22 to launch a three-nation East Africa tour to crack down against Fethullah Gulen. Erdogan is targeting an international network of charities and schools affiliated with a movement run by US-based Gulen.

Nigeria says asked by Turkey to extradite over 1000 people

Turkey seeks extradition of 1000 people in Nigeria as part of its post-coup crackdown against the Gulen movement, local media reported on Monday.

Future’s continent and African renaissance

Over the last three days since Friday, the issues and the glamorous developments of the African continent have been discussed in a hotel along the magnificent Abant Lake. In addition to experts on Africa from Turkey, academics, journalists and statesmen from different countries on this continent have made presentations and discussed a number of issues […]

KYM volunteer doctors distribute Ramadan aid in Kenya

The philanthropists from Konya (a province in Turkey) contributed to the aid activities with both their donations and hands-on work during distributions organized by KYM in various countries including Kenya. A team of seven philanthropists, in person, distributed aid to some one thousand residents in the tin house neighborhood in Nairobi and later 300 families in the city Malinda.

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

SEO Skill Suite: Tools for Keyword Research, Technical & Backlink Analysis

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

In Case You Missed It

Gülen calls for respect for the sacred, denounces terrorism

European Human Rights Treaty Faces Legal And Political Tests

The UN High-Level Reception Highlights the Role of Public-Private Partnerships

Watch your mouth

Gülen’s letter to Gül

The Armenian issue of 1915, Turkish politics and Israel

European Parliament calls for fair trial of suspects arrested in anti-coup operations in Turkey

Copyright 2026 Hizmet News