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

Turkey ‘looking for scapegoats’ by linking schools in Nigeria to failed coup

Speaking with TheCable in an interview on Friday, Cemal Yigit, spokesman of NTIC, said Gulen does not own the Turkish schools in Nigeria, and that the schools are the property of private investors – some of them Nigerians. He said that the Turkish government was on a purge of the opposition in Turkey, and that it was trying to decimate any organisation that shared the philosophy of Gulen by tagging them terrorists.

Why I Asked National Security Adviser to Stop Turkish Espionage on Nigeria

If members of Hizmet have done anything wrong, since they are in Nigeria, the Turkish government, through its embassy here can report them with hard evidence to the Nigerian security service. The fact that they have resorted to underhand tactics means they have nothing credible against these innocent fellows.

Bank Asya recovers from gov’t provocation

The clampdown on the Bank Asya first started with a defamation campaign run by pro-government media outlets and was later followed by a claim by Interior Minister Efkan Ala, who asserted that the bank had made extraordinary profits on the foreign currency market. All these allegations were refuted by the bank, which published their currency transactions; the central bank has confirmed that there has been no wrongdoing by the bank.

Businesses link to increase Pakistan-Turkey bilateral trade

The bilateral trade between Pakistan and Turkey can be increased from its present level of $700 million if the interaction between private sectors of both the countries is enhanced, a foreign businessmen

Daily: Gov’t, watchdog attempted to sink Bank Asya

The Turkish government and the country’s banking watchdog were aware of and supported a recent defamation campaign allegedly aimed at sinking the country’s leading participation bank.

False reports on Bank Asya breach laws

Earlier reports in the Turkish media had claimed that the government had mulled over a comprehensive investigation into Bank Asya following an ongoing corruption and bribery case. The papers cited the Hizmet movement — with which Bank Asya is affiliated — as the hand behind the police operations into persons close to the ruling Justice and Development Party (AK Party). The same reports implied a retaliatory attack on Bank Asya over alleged abuses within the bank.

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

Peace Islands Institute donates platefuls of generosity

Turkey’s Crackdown on Businesses Sparks Concern

“It was so cold, it felt like an arrow through my heart”

Enes Kanter: “I’m getting death threats almost every day”

Turkish Schools for a Brighter Future in Somalia

International students celebrate Prophet Muhammad in Gaziantep

Gülen condemns Paris shootings, says all forms of terror deplorable

Copyright 2026 Hizmet News