Trade & Investment33fdg

The total trade volume of Nigeria and Turkey is currently at $1.145 billion to the favour of Nigeria, Turkish President Recep Tayyip Erdogan has recently disclosed at the Presidential Villa in Abuja, Nigeria during a joint press conference with his host, President Muhammadu Buhari.
Both leaders were addressing State House correspondents after holding bilateral talks inside President Buhari’s office. The visiting Turkish leader emphasized that the result of the trade relation was in favour of Nigeria.
“Our total trade volume is currently at $1.145 billion. Our export is $314 million and our import is $831 million. As you see, the result is to the favour of Nigeria.
“I believe that if the two countries combine forces, making use of our own respective resources, we would be able to come up with even better outcomes.
“As we speak, our business people are connecting with their Nigerian counterparts”, the Turkish president stated.
He pledged to encourage Turkish business men to invest in Nigeria, saying “Looking at the population of Nigeria and Turkey put together, we are talking about 260 million people, and this is a very important market”.
He called on Nigerian businessmen to invest in Turkey, assuring that “We are ready to expand all the sectors that we can to them; particularly Turkish construction contracting companies rank second in the world”.
Erdogan said his country was also ready to share its experiences with Nigeria, especially in the areas of irrigation and agriculture.
He described Nigeria as a regional and global actor as well as one of the Sub-saharan African countries that Turkey considered a strategic partner.
Erdogan said he would invite President Buhari to Turkey.

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