Oil-rich Nigeria seeks Turkish energy, construction partnerships


Date posted: May 10, 2013

BUĞRA KARDAN

Turkish-Nigerian mutual trade could grow by leaps and bounds in the coming years as businesspeople from the two countries begin to show signs of greater interest in building partnerships and mutual investments.

The African country’s deputy chief of mission in Ankara, Foluso Oluwole Adeshida, accompanied by the deputy head of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Dahiru Muhammed Ardo and 150 Nigerian entrepreneurs, was in İstanbul to participate in a meeting organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON) on Thursday. The TUSKON-organized Turkey-Nigeria Trade and Investment Forum also hosted 350 Turkish businesspeople who are interested in creating business links with their Nigerian counterparts.

“Nigeria stands to be one of the largest trade partners for Turkey in Africa. … We have cultivated strong relationships both socially and politically and Turkish firms could benefit from this in the promising Nigerian markets of energy and construction,” the Nigerian government official said.

Underlining that the two countries expected to realize $5 billion in mutual trade in the mid term, Adeshida said his country expected to boost trade globally and that Turkish entrepreneurs could help improve Nigeria’s domestic manufacturing industry.

Mutual trade between Nigeria and Turkey neared $1 billion in 2012.

Also addressing the participants, TUSKON Chairman Rızanur Meral cited Nigeria on Thursday as the door to a surrounding market that has an annual trade of $700 billion.

“We place heavy importance on cementing trade and business ties with Nigeria in the months to follow. … We are eager to also branch out into third markets in Africa jointly with our Nigerian partners,” he said.

Source: Today’s Zaman, May 9, 2013

Tags: | | |


Related News

TUSKON: Media raids discourage foreign investors

Foreign investors will not come to a country where the media faces intense pressure, Turkish Confederation of Businessmen and Industrialists (TUSKON) President Rızanur Meral said, speaking in front of the Zaman daily offices in İstanbul on Tuesday.

NTIC Foundation: Touching lives in Nigeria

Foreign capital typically finds its place among the most promising market indicators, as transnational investors constantly seek maximum returns on their investments. But for the First Surat Group Company, it is obviously not all about the bottom line.

Filipino businessman grateful for Turkish schools

Filipino Chairman of Union of Chambers and Exchange Commodities Abdulgani Macatoman praised the Turkish schools operating in his country for their achievements. “My both children are studying at the Turkish schools. These schools have been among the top-rated all the time. We have a total of 926 high schools in the capital Manila and the Turkish schools top the list. I would like to thank Turkish people for establishing these schools.”



Standing by the Education Rights of Schoolgirls

Influential Muslim preacher Fethullah Gulen, who is considered by TIME magazine as “the most potent advocate of moderation in the Muslim world,” has strongly condemned the kidnappings in Nigeria as well as other such violent acts. In an interview he said that denying girls access to education simply goes against the spirit of the Muslim religious tradition and that women should be able to take on every role in our society, including those of physicians, military officers, judges and head of state.

Bank Asya says it weathers ‘stress test’, still strong

Turkish media say state-owned companies and institutional depositors loyal to Prime Minister Recep Tayyip Erdoğan have withdrawn TL 4 billion ($1.79 billion), some 20 percent of the bank’s total deposits, over the last month to try to sink the lender. The government has declined to comment. Bank Asya’s chief executive Ahmet Beyaz said the bank’s founders included sympathizers of cleric Fethullah Gülen, who officials say is behind the corruption investigation posing one of the biggest challenges to Erdoğan’s 11-year rule. But he said the bank was not at risk.

Sudan arrests Gülen-linked businessman at Turkey’s request

Sudanese law enforcement detained Turkish businessman Memduh Çıkmaz at Ankara’s request as part of an investigation into the Gülen movement. Çıkmaz was detained in the capital city of Khartoum on Wednesday and denied request to meet his lawyer and family members.

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

Can the EU be blamed for Erdoğan’s authoritarianism?

Humanity prepares its own end, says Assyrian Catholic Church leader Sag

Australian Relief Organisation Orphanage Refurbishment Project in Malawi

Esposito urges Muslims to integrate better to defeat Islamophobia

Islamist daily published profiling story in 2010

Parallel vs. Persian structure within the Turkish state

Conceptual contradictions when it comes to rhetoric about ‘parallel state’

Copyright 2026 Hizmet News