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 to sue dailies over disputed land reports

Leading Turkish business group, the Turkish Confederation of Businessmen and Industrialists (TUSKON) said on Thursday it will soon file lawsuits against certain government dailies which published allegations of irregularities regarding disputed land in İstanbul.

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.

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.

Turkey is gateway to Europe: exporters urged to collaborate with Turkish companies

Confederation of Businessmen and Industrialists of Turkey (TUSKON) is organising a new track of its world famous series of international business summits, more than 2000 visitors from more than 124 countries are expected to participate in the event, expecting business agreements to the tune of $3 billion.

Police raid business association in Malatya in new government-backed operation

Police teams entered and searched the premises of the Malatya Active Businessmen’s Association (MAKİAD) on Thursday in a new wave of government-led operations targeting institutions deemed to have an affiliation with the Gülen movement — a faith-based initiative inspired by Turkish Islamic scholar Fethullah Gülen.

Ethiopian PM: It is an honor to work with TUSKON

The two-day forum produced two important agreements. On the first day, TUSKON signed a commercial partnership deal with the Ethiopia Chamber of Commerce and on the second day, the confederation signed a bilateral commercial agreement that promises to provide advantages to TUSKON members in trade not only with Ethiopia, but also with the Common Market for Eastern and Southern Africa (COMESA), which has 22 member countries.

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

TUSKON challenges Erdoğan to enter business, defies threats

Is PM looking for someone he can pass the blame to?

Erdogan’s Arch-Enemy Accuses Turkish President Of Staging Coup, Compares Him To Hitler

Turkish Police Wait To Detain Another Women Just Hours After Delivery

[Part 4] Gülen calls for respect of diversity in Turkey to end polarization

Turkey’s Maarif Foundation illegally seized German-run school in Ethiopia, says manager

Atlantic Institute promotes peace through dialogue

Copyright 2026 Hizmet News