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

Main opposition brings plans to sink Bank Asya to Parliament

The main opposition Republican People’s Party (CHP) has brought onto Parliament’s agenda claims that some state companies and institutions withdrew massive amounts of money from participation bank Bank Asya in order to push it into insolvency by choking its liquidity conditions.

Parents of Nigerian-Turkish International College students decry call to close schools

Mr. Abudulahi, a professor, added that the schools were playing very significant role in the development of education in Nigeria and should not be closed. He said that the school was one of the most secured in the country, adding that even in the hit of Boko Haram activities in the North ast, it remained open in Yobe. He further added that so long as the NTIC had operated within the laws of Nigeria, it should be allowed to remain in operation.

Police pressure businessmen who sued Erdoğan over Hizmet remarks

On one day, police paid a visit both to the residence and workplace of the businessman, who requested to remain anonymous, even though there had not been any violation of law on his part. Asking arbitrary questions at the businessman’s residence, such as, “Why did you sue the prime minister?”, “What does your husband [the businessman] do?”, “Do you own the house or is it rental?” and “Do you have a car?”, the police asked for the mobile phone number of the businessman and left. The policeman said that they came from the Tepebaşı Police Station in Ankara.

TUSKON denies mass resignations after corruption probe

Turkey’s leading business conglomerate has denied reports of mass resignations following a recent corruption scandal, vowing to sue pro-government Yeni Şafak for fabricating false information.

UN 59th Session of the Commission on the Status of Women

Peace Islands Institute, the Journalists and Writers Foundation, Global Businesswomen Association and the Institute for Economics and Peace held a panel discussion titled “Economic Empowerment of Women to Achieve Sustainable Development Goals” during the UN CSW 59th Commission on the Status of Women.

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.

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

World renowned NGO-rating Global Geneva stands by Kimse Yok Mu

Pak-Turk schools’ 17th anniversary

“Somalis will remember your aid”

Erdoğan’s way: scare, divide and rule

Kerry Tells Turkish Foreign Minister Coup Accusations Irresponsible

Kimse Yok Mu opens education complex in Kenya

Kimse Yok Mu gives away Eid al-Adha meat in Mali

Copyright 2026 Hizmet News