‘Nigeria, Turkey trade volume hits N250bn in 4 years’


Date posted: June 9, 2014

NIGERIA

The volume of trade between Nigeria and Turkey increased by 95 percent within four years, a Turkish industrialist has said.

Speaking to some Nigerian journalists in Istanbul, the President of Confederation of Businessmen and Industrialists of Turkey, (TUSKON) Mr Rizanur Meral said in 2008 total trade volumes between the two countries was $802million but risen to about $1.5billion(N250 billion) in 2012.

Nigeria export to Turkey was $522m and imported goods worth $280 million from Turkey within the years, he said.

But he said Nigeria exports increased to $1.124 billion in 2012 and imported goods and services worth $439m in the same year.

He said the increase was due to awareness created by his association for the businessmen in the two countries through organizing seminars and business to business meetings.

He said within the period, goods such as leather, sesame seeds, furniture, aluminum, building materials, cocoa, rubber and oil and gas resources, fish, iron and steel, babies diapers, textile among others dominated the transaction.

According to him, if the 2013 trade volumes’ figures are released they will be more than the 2012’s.

Also speaking, the president of the Association of Businesspeople And Investors of Nigeria and Turkey (ABINAT) Yavuz Zemheri said the relationship is not only to import goods between the two countries but to exchange manpower and export businessmen and women for the two countries. Zemheri said ABINAT is working to establish businesses that would transfer technologies to Nigerian Small and Medium Enterprises in the areas of building materials, agriculture and household materials.

He said their intervention has facilitated business trips and meetings with an average of about 300 people annually in the last three years between the two countries.

Source: dailytrust , June 9, 2014


Related News

Gov’t pressure to shut down Turkish schools sparks outcry

Prime Minister Recep Tayyip Erdoğan’s government’s attempts to shut down Turkish schools abroad that are affiliated with the Hizmet movement, which is inspired by the teachings of Islamic cleric Fethullah Gülen, have sparked an outcry among opposition figures and diplomats, who criticize the government for “abusing education because of personal hostility.”

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.

NGO: plot to take over Turkish schools will fail in Africa

Mrs. Osuji said Hizmet Movement schools, otherwise known as Turkish schools, are contributing to the development of education in Nigeria and other African countries. She urged African governments to resist any plot by the Turkish government to undermine their sovereignties and respectability by accepting its disguised order to hand over the Turkish schools to Maarif Foundation.

Turkish volunteer doctors build bridges between Tanzania and Turkey

Turkish doctors went to Tanzania to give voluntary medical services. The members of the Horizon Medical Doctors Society, including 7 professors and 40 medical staff, first visited Darussalam, the biggest city in Tanzania. The volunteer doctors met with Hussein Ali Mwinyi, the minister of health who graduated 20 years ago from School of Medicine of […]

Malian Medical Students: Ramadan feels different this year

We were at an iftar dinner at the cafeteria of a medical school in Mali’s capital city, Bamako. A total of 600 male and female students from villages are staying at the school dormitory. The number of the well-off among them is pretty low. The iftar event marking Ramadan let everyone cheer up. Medical students […]

Kimse Yok Mu volunteers care for the African orphans

RESUL CENGİZ | DENİZLİ Channeling the donations and sums from its fundraising activities to the region, Kimse Yok Mubranch in Denizli province takes the African orphans under its wings. Another event entitled “The Orphan” in the series was held at Denizli Police Department local facility with the participation of KYM Denizli President Fahrettin Aytug, the […]

Latest News

Fethullah Gulen – man of education, peace and dialogue – passes away

Fethullah Gülen’s Condolence Message for South African Human Rights Defender Archbishop Desmond Tutu

Hizmet Movement Declares Core Values with Unified Voice

Ankara systematically tortures supporters of Gülen movement, Kurds, Turkey Tribunal rapporteurs say

Erdogan possessed by Pharaoh, Herod, Hitler spirits?

Devious Use of International Organizations to Persecute Dissidents Abroad: The Erdogan Case

A “Controlled Coup”: Erdogan’s Contribution to the Autocrats’ Playbook

Why is Turkey’s Erdogan persecuting the Gulen movement?

Purge-victim man sent back to prison over Gulen links despite stage 4 cancer diagnosis

In Case You Missed It

Erdoğan’s image in the West

Bank Asya recovers from gov’t provocation

Turkish School Awarded ‘Ukraine’s Best School’

Sweep these [journalists] off the floor

Turkey’s Refugee and Asylum Seeker Policy is being debated!

State discrimination against Hizmet movement sympathizers

Interview: U.S. Judge Says Turkey’s Judiciary ‘Taken Over’ By Erdogan

Copyright 2025 Hizmet News