Istanbul meeting sees Turkey, Nigeria cement links

- Business forum comes ahead of planned African visits by Turkish president.

Istanbul meeting sees Turkey, Nigeria cement links
World Bulletin / News Desk
 
Turkey and Nigeria have been cementing business relations ahead of a series of visits to the African continent planned by Turkish president, Recep Tayyip Erdogan.

Nigerian Commissioner of Commerce of the State of Kano, Faruk Jibril Umar, attending a Turkey-Nigeria Business Forum in Istanbul on Friday, said he was in the country to increase business, trade and investment between both nations, urging Turkish businessmen to invest in Nigeria.

"Nigeria has many economic features that attract attention besides its rich oil and natural gas reserves," he said.

According to the Turkish Ministry of Foreign Affairs, commercial and economic relations between Turkey and Nigeria have been improving rapidly.

The ministry says, since 2004, bilateral trade volume has increased more than threefold and reached $865 million in 2010.

The second largest trade partner of Turkey in Sub-Saharan Africa as of 2010, Nigeria hosts more than 30 Turkish companies which are operating mainly in the construction, manufacturing and energy sectors.

Erdogan announced last week that he will make his first foreign visit of 2015 to African countries to further relations in all fields.

The Turkish president will visit 12 African countries, with Tanzania, Somalia and Ethiopia first on the agenda.

Last Mod: 09 Ocak 2015, 17:23
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