‘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

17 Percent Students Of Nile University Are On Scholarship

Prof. Hussein Sert, the Vice-Chancellor of Nigerian Turkish Nile University (NTNU), said that 17 per cent of students in the institution were on scholarship. Prof. Sert told the News Agency of Nigeria (NAN) in Abuja on Saturday the institution offered scholarship to students that performed excellently in pre-university examinations.

Kimse Yok Mu enables African girls to go to school

Kimse Yok Mu Foundation, with a record of charitable efforts in 113 countries around the world, has enabled African girls to go to school with the water wells it has established across the continent. These girls had to carry water from miles away and thus were unable to go to school. The foundation’s 1735 water wells in 20 different countries across the African continent have been serving some 3 million locals. Additionally, it reached out to 65,000 orphans in 50 countries.

Gulen-inspired NGO opens health and education complex in Uganda

Active in 113 countries in the world, Turkish humanitarian aid group Kimse Yok Mu has completed construction of the state-of-the-art health and education complex across in Uganda’s second largest city, Jinja. The Nile Hospital will also be servicing other countries in the region. Ugandan President Yoweri Museveni was in attendance at the opening of the Nile Hospital.

Deputy Prime Minister Arınç praises Turkish schools in Nigeria

Bülent Arınç met with Nigerian officials and also visited Nigerian Turkish International College and Nigerian Turkish Nile University. “I am proud of the achievements of Turkish schools in the international arena,” Arınç said during his visit to Nigerian Turkish Nile University.

Gabon is very satisfied with Turkish school

20 July 2012 / MİNHAC ÇELİK, İSTANBUL President Ali Bongo Ondimba of Gabon has said his country is very satisfied with a school opened by Turkish volunteers there and called on volunteers to open more schools. “We are very satisfied that Turkey opened a school in Gabon. This is very encouraging and needs to be […]

Anatolian Tigers drive Turkey’s silent revolution

ATUL ANEJA The Anatolian Tigers — a new breed of pious businessmen who have risen from the grassroots to fire Turkey’s economic and political transformation — are targeting an entry into the high-technology big league. “We have tasted considerable international success in the areas of manufacturing and trade. Our next challenge is to develop an […]

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

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

In Case You Missed It

Turkish schools get award for advanced study in Benin, Mongolia

Principal of Gülen-linked school, businessman abducted in Malaysia

Gülen denies ‘groundless’ Stratfor claims of pressure on AK Party

‘Even deeper than 9/11’

‘Hiç Durmadan Hizmete Devam’: Turks Decry Erdogan Decision Via #HiçDurmadanHizmeteDevam

UN asks Turkey to compensate businessman arrested in post-coup crackdown

Schools Founded by Volunteers to Light the Way for the German Educational System

Copyright 2026 Hizmet News