Nigeria, Turkey’s Trade Volume Hits $205bn

The Turkish Ambassador to Nigeria, Mr Hakan Çakil, said on Thursday in Abuja that the total trade volume between Turkey and Nigeria stood at 2.5 billion dollars in 2014.
Çakil said this at an event to mark the 92nd Anniversary of Turkey.
The ambassador said Nigeria was Turkey’s biggest trade partner in Sub-Saharan Africa, adding that that country’s direct investment to Nigeria had risen steadily over time.
Çakil further described Nigeria as a focal partner in Turkey’s relations with Sub-Saharan Africa, adding that the region “is a priority in Turkey’s multidimensional foreign policy”.
“Turkey has been engaging more in Sub-Saharan countries in the recent years and our relations with Africa have been developing speedily during the previous years.
“ Nigeria is a pivotal country for our relations with Sub-Saharan countries and we consider Nigeria as a strong and strategic partner with great potential.
“With this understanding, we encourage Turkish investments in Nigeria and seek more economic, commercial, cultural and educational ties.
“More than 40 Turkish companies have been operating in Nigeria and brought 410 million dollars investment to Nigeria.
“The embassy will work to attract more Turkish companies,” he said.
The envoy also said that the bilateral air services between both countries had improved.