Türkiye targets $5bn bilateral trade with Nigeria

0

The Türkiye Ambassador to Nigeria, Mehmet Poroy, on Wednesday began moves to deepen economic ties between both countries, setting an ambitious $5 billion bilateral trade target while seeking to scale up investments beyond the current $400 million.

Poroy disclosed this during his visit to the Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) in Kaduna, describing the engagement as a part of efforts to unlock untapped trade and investment opportunities, particularly in northern Nigeria.

“This is my first official visit outside of Abuja. I started from Kaduna and to the north. 

“Our aim is to raise our bilateral trade as instructed by our president during the last presidential visit.

“We want to have five billion dollars of bilateral trade between Nigeria and Türkiye. 

Chairman of the Nigerian-Turkey Business Council, Dele Oye, said the visit aligned with ongoing efforts to translate high-level diplomatic engagements into concrete economic outcomes.

“We are very much interested in the activities of the chamber, and specifically in livestock and skills acquisition.

“We intend to play a role in bilateral trade by facilitating delegations between both countries and, most importantly, to sell Kaduna as a destination for business,” he stated.

Oye revealed that plans were underway to formalise cooperation through a Memorandum of Understanding (MoU) between the Business Council and KADCCIMA to ease trade and investment flows.