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

Conflict between Gülen Movement and Turkey’s ruling AKP reflected in business world

TÜSİAD, just like the [Hizmet] community’s TUSKON, has voiced the concern of possible fouls likely to be committed against the judiciary. As a matter of fact, these concerns have proved right for now with the executive seizing the judiciary.

Bank Asya: Battle for survival against a presidential onslaught

Not all banking collapses are alike or lead to extinction. Some are caused by systemic, catastrophic events such as the global financial crisis of 2008, while others are caused by idiosyncratic exposure to geopolitical factors. Bank Asya, Turkey’s largest private participation bank, is currently in the midst of the latter and is potentially edging toward disintegration.

When nations spy on their nationals on foreign soil

The targeted Turks have lived in Nigeria for decades, with very high investments profile in the education, health and social sectors of the economy. They are involved in legitimate businesses duly registered and regulated by relevant agencies of government.

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).

Erdoğan gov’t threatened to ‘wipe TUSKON off market map,’ says chairman

One of Turkey’s most influential business confederations, the Turkish Confederation of Businessmen and Industrialists (TUSKON), was threatened with being “wiped off the market” by the government after TUSKON made critical statements about government policies, chairman Rızanur Meral told the media on Friday.

Turkish trade’s center of gravity shifting in TUSKON bridges

HAKAN TAŞÇI Over the last six years, the Turkish Confederation of Businessmen and Industrialists (TUSKON) has introduced a new concept to trade fair organizations: World Trade Bridges. These programs have evolved over time and become internationally recognized trade events in Turkey. International companies receive invitations to these programs, come to Turkey and — with the […]

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

Dismissed top editor of Zaman: We made a mistake by not objecting to the imprisonment of journalists

Turkey-China seek new gateway for business at Tuskon meeting

Turkish schools abroad victims of AKP-Gulen conflict

Syracuse Turkish community celebrates their heritage with a Children’s Festival

Followers of Multiple Faiths Join at Columbia University for Iftar

Does Pakistani law allow you to deport Turkish teachers, Nawaz Sharif?

Yamanlar Koleji crowns Turkey with second gold medal

Copyright 2026 Hizmet News