Turkish Ambassador to Nigeria, Hakan Cakil, has said trade volume between both countries has now reached $2.5 billion.
The Turkish envoy stated this at a forum organised by the Abuja Chamber
of Commerce and Industry (ABUCCIMA) for the visiting Turkish business
delegation to Nigeria.
Cakil said: "We have strong relationship with Nigeria, we have economic
ties in commercial field. We shall do our best to enhance the business
opportunity in Nigeria. We are looking at the different sector of the
economy for investment. The area include energy, agric construction and
others. We have to let the businessmen meet to interact and share ideas .
"We have to find business opportunities in two countries. Total trade
volume between the two countries as at December 2014 was 2.5 billion
dollar; the bilateral trade relationship is in favour of Nigeria because
we are importing crude oil and other mining products."
He further stated that though there are figures yet for 2015, "Nigeria
is the leading or number one business partner of Turkey in the sub
Sahara African."
"Nigeria has created business environment that encourages Turkey
business to grow in the counntry. It is one of the most important
encouragement too Turkey," Cakil said.
The Permanent Secretary, Ministry of Federal Capital Territory (FCT),
Mr. John Chukwu, acknowledged the imbalance in trade between Nigeria and
Turkey, stating that, efforts are in top gear to increase Nigeria's
export to Turkey.
"He explained that this, can only feasible by "encouraging adoption of
the comparative advantage and technical-know-how principles in
showcasing economic strength and identification of areas of
collaboration for improved trade relationship."
Speaking earlier, ABUCCIMA President, Tony Ejinkeonye said the visit of
the Turkish business delegation to Nigeria showed the confidence on the
country's business and investment environment.
Ejinkeonye stressed that the delegation should explore the vast
business opportunities in Nigeria, adding that, "Nigeria is not only a
place to buy and sell but to establish partnership for the overall
interest of the countries."
Leader of the Turkish business delegation, Ahmet Koparan expressed his
team optimism in investing in Nigeria, stating that, with the enormous
economic potentials, Nigeria has, the aim is to engage in trade that
benefits the two countries.
Koparan further observed that the interest of the delegation cut across
a broad spectrum of the economy, including energy, afro business,
construction and infrastructure.
Credit: This day
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