‘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

Van NGOs: Calling Hizmet movement ‘virus’ and ‘hashhashin’ unnaceptable

Non-governmental organizations (NGOs) active in the eastern province of Van said in a press conference that the tension experienced in Turkey recently has ruined the country and that any remarks or behavior against the Hizmet movement will not be tolerated.

Turkey’s Erdogan and ISIS’ new breeding ground

Turkey’s President Recep Erdogan appears to be having a double dealings on taking the fight to ISIS. He has instead prefer a cosmetic approach in tackling the terrorist group. It is high time Erdogan purged himself of insincerity and religious rhetoric in the fight against ISIS and joined forces with other leaders to bring enduring peace to Turkey, the Middle-East and the various parts of the world.

Nigeria: Post-2015 Agenda – Addressing the Inadequacies in Women’s Rights

The Public Relations Officer of the Istanbul branch, Ms. Fatima Demirtas, told THISDAY about Kimse Yok Mu’s collaboration with the Nizamiye hospital in Abuja to provide 1,000 cataract surgeries for indigent Nigerians. The NGO would pay for the cost of each unit of materials used for the surgeries.

Gülen Movement done nothing wrong, rather improved lives of the masses

No doubt that Turkey’s Schindler’s List today involves members of the Gülen movement who have done nothing wrong other than volunteering their time, money and expertise to improve the lives of people around themselves. They are viciously being demonized and vilified by Turkey’s President Erdoğan because they stood up against this tyrant’s massive corruption dragnet and arming of radical militants in other countries.

Auto companies from 27 countries join TUSKON summit

Representatives of automotive manufacturing companies from 27 countries were in the city of Konya on Tuesday to participate in a trade and investment summit organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON).

Houston firms ‘explore’ Turkey on direct flights

A business delegation of Houston-based companies is currently visiting İstanbul in a program organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON) to discuss expanding trade ties and business opportunities with their Turkish counterparts. The visit comes on the heels of the recently launched direct flights between Houston and İstanbul by Turkey’s national flag […]

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

Taiwanese scholar: Hizmet movement bears similarities to Confucianism

Rumi Fellowship Program 2016

Gulen: Issuance of arrest warrant changes nothing about my views

What are The New York Times and the International Herald Tribune after?

What is at stake is not prep schools [in Turkey]

Reassignments — new mobbing on massive scale by gov’t to silence dissent

South Africa to host 14th International Festival of Language and Culture

Copyright 2026 Hizmet News