‘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 volunteers reach out to orphans in Nairobi

A group composed primarily of businesswomen from İstanbul visited a madrasa (Islamic school) used as an orphanage for 45 little boys and girls in Nairobi’s slum of Kibera, which has a population of around 1 million.

How Turkey is emerging as a development partner in Africa

Turkey has emerged as a generous donor for humanitarian crises across the world over the past five years, especially in the context of Africa. In 2011, while official development assistance (ODA) fell in 16 DAC countries, Turkey’s net ODA increased by over 38%. Following the ‘Turkey – Africa Co-operation summit‘ in Istanbul in August 2008, the African […]

Senegal minister: Turkish schools’ students our hope for the future

Welcoming the students of the Yavuz Selim Education Institutions after their success in international competitions, Aly Ngouille Ndiaye, the industry and mines minister of Senegal, said the students of the Turkish schools are encouraging hope for the future of the country.

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.

Fighting poverty, ignorance and disunity in Ghana; the TUDEC experience

The fight against poverty, ignorance and disunity is a shared responsibility among the government, the private sector, civil society and non-governmental organizations. The reason is that the government alone does not have the requisite human and capital resources to sustain this struggle.

Turkish schools in Africa important for strong relations

The first-ever Rwandan ambassador to Turkey, Lt. Gen. Caesar Kayizari, has said that Turkish schools in Africa play an important role in strengthening relations between African nations and Turkey, adding that Turkey has a lot to offer Rwanda in terms of education. In the field of education, Turkish schools attract attention. In Rwanda’s capital, Kigali, Hope Kids Academy, an international Turkish school, was officially opened in February.

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

Turkey Has Stolen The Future Of A Medical Student From Uganda

TUSKON: Twitter ban a disappointment in information age

Pro-gov’t troll says sympathizers of Gülen movement should be ‘wiped out’

South Africa set to host the globally acclaimed International Festival of Language and Culture

Turkish Cultural Center Holds Annual Friendship Dinner

Turkey deserves a civilian constitution – Cemal Yigit

Erdogan: Turkey’s man of mystery armed with extra powers

Copyright 2026 Hizmet News