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’s Economy Suffering Enormous Post-Coup Purges

Since the attempted military coup on July 15, the government, empowered by a state of emergency, has fired or suspended about 125,000 people, of whom nearly 40,000 have been arrested, and tens of thousands of others taken into custody. As a result, roughly 800,000 people have been completely cut off from any economic safety net.

TUSKON brings together businesswomen from Turkey, Russia

The Confederation of Turkish Businessmen and Industrialists (TUSKON) organized a meeting in Moscow on Thursday that brought together businesswomen from Russia and Turkey as part of its attempts to establish closer economic ties between the two countries. The businesswomen held talks to seek out business opportunities during the program.

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.

Bank Asya’s corporate governance rating increases

Bank Asya, a leading Turkish financial institution, announced on Sunday that their corporate governance rating had increased in June over its score from last year.

Turkey’s purges are hitting its business class

It is not clear when the government will begin auctioning off seized firms. The risk is that the economy may gradually come to resemble Russia’s, where political loyalty is the price for keeping a slice of the pie. “It is like watching a piece of snow roll down a mountain,” says a veteran civil servant ousted in one of the purges. “You think it won’t hit you, until you realise it’s becoming an avalanche.”

Why Kimse Yok Mu probe may affect education in Nigeria

To some, the name Kimse Yok Mu might not ring a bell in Nige­ria, but to those that follow this secular charity organisation, especially its scholarship programme in Ni­geria that has made it possi­ble for many underprivileged persons to go to school, the NGO may simply be the best thing to happen in Nigeria’s education sector.

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

Professor: Carrying out service, Hizmet seeks peaceful coexistence; accusations are manipulative and absurd

Gülen issues condolence message for Iraqi victims of ISIL

Out of the rubble, a chance to mend relations

Kimse Yok Mu repeatedly prevented from offering aid in Palestine

Islamic scholar Fethullah Gülen offers condolences for Tahir Elçi, slain police officers

Gulen turns coup accusations on Erdogan

Turkey, ‘The Devil’s Advocate’ and ‘Titanic’

Copyright 2026 Hizmet News