‘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

Hizmet Relief ends Cataract Campaign, starts Water Well Campaign

Hizmet Relief, shortly after changing its name, starts aid campaigns one after another. It finishes the “Cataract Campaign” and rushes to finalize “Water Wells Campaign.” The cataract campaign started in July, the Hizmet Relief had targeted to collect $10,000 to treat 100 people. $300 more was collected, which will give 103 people their eyesight back.

Tanzania dismisses Turkish gov’t allegations concerning Feza schools, asks for proof

Tanzania has dismissed an allegation by Turkey that the Feza schools in the country are being used to radicalise the youth and fund opposition against the Ankara government. Stung by a failed coup last month, Turkey has targeted businesses associated with Fethullah Gulen, a Muslim Cleric it wants extradited from the US to face charges in Ankara of plotting the coup and funding terrorism activities.

Kimse Yok Mu volunteers care for the African orphans

RESUL CENGİZ | DENİZLİ Channeling the donations and sums from its fundraising activities to the region, Kimse Yok Mubranch in Denizli province takes the African orphans under its wings. Another event entitled “The Orphan” in the series was held at Denizli Police Department local facility with the participation of KYM Denizli President Fahrettin Aytug, the […]

President Zuma sends message to the South African – Turkish Business Association Business Awards

President Jacob Zuma has urged the Turkish business people to partner with the Chambers of Commerce in South Africa to help develop small businesses, transfer skills and create black industrialists.

12-year-old claims asylum with UN as father caught in Erdogan’s anti-Gülen dragnet in Saudi Arabia

The 12-year-old T.K. has claimed asylum with the United Nations (UN) office in Saudi Arabia alone after his/her father was detained by Saudi officials as part of what many say President Recep Tayyip Erdogan’s ever-growing witch-hunt against the Gulen movement that has spread to overseas in the recent past.

TUSKON denies mass resignations after corruption probe

Turkey’s leading business conglomerate has denied reports of mass resignations following a recent corruption scandal, vowing to sue pro-government Yeni Şafak for fabricating false information.

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

Documents expose plot to hold Hizmet responsible for KPSS cheating

Pakistan submits to Turkey’s ‘authoritarian demands’ on Gulen

Gülen makes application to top court over slanderous report

Message to the conservative intellect on the Armenian issue

Nigerian Turkish Nile University: Moulding the Lives of Young Nigerians

Interfaith Forum Ignores Islamic Immigration Questions

Today’s Zaman journalist faces deportation [from Turkey] over critical tweets on government

Copyright 2026 Hizmet News