Nigeria, Turkey explore bilateral Trade, Business opportunities at Forum



Nigeria, Turkey explore bilateral Trade, Business opportunities at Forum

By Ismail Abdulaziz Nigeria‘s Ambassador to Turkey Ismail Abba has assured potential investors from Turkey and Indonesia a high return on investment (ROI) when they come to invest in critical sectors of the country’s economy.

This is contained in a statement by Governor Abubakar Bello from Niger’s chief press secretary, Mary Noel-Berje, at the Turkish-Nigerian Business Congress (TNBC) in Istanbul, Turkey on Sunday.

The ambassador described the Nigerian business environment as hospitable, stressing that there are many immeasurable opportunities to explore in the country.

Abba, who provided an overview of the investment climate in Nigeria, said the country represents a major economic engine for West Africa and one of the fastest growing economies in the world.

Addressing the assembly, Nigerian Aviation Minister Hadi Sirika said the federal government’s efforts to overhaul, transform and commercialize the aviation sector is one of the fastest growing sectors of the national economy.

He said that with huge investment and a robust turnaround in aviation, railways and other transportation systems, Nigeria would generate a massive traffic hub and become a platform for expanding business opportunities. investment across Africa.

Also speaking, the Minister of Communication and Digital Economy, Malam Isah Pantami, represented by Ahmed Maska, an official of the ministry, highlighted the efforts made by Nigeria to strengthen its communication and digital economy.

Pantami said the country remains important in terms of investment opportunities due to its population and size.

He said the Forum provided a good opportunity for investors in communication and digital economy and other critical sectors.

The minister added that investing in smart technologies such as surveillance and rapid response technologies would reduce insecurity in the country.

Governor Abubakar Bello at the Forum

In his speech, Bello, who is also the chair of the North Central States Governors Forum (NCSGF), called the Nigeria-Turkey bilateral relationship as mutually beneficial.

Bello, who identified technology transfer as fundamentally necessary for Nigeria’s growth and development, stressed the need for cooperation with the Turkish government in this direction.

Bello said investment opportunities abound in Nigeria, but the courage to make a positive economic decision, to open up and the willingness to invest in various aspects of comparative advantage by investors was lacking in some cases. .

Bauchi State Governor Bala Mohammed also gave an overview of possible investment opportunities in the state as well as the incentives provided by the state government for potential investors.

The Governor of Jigawa State, represented by Deputy Governor Malam Umar Namadi, highlighted the potentials available in Jigawa, explaining that collaboration with Turkey would lead to rapid development and increase in economic activities.

Governor Abubakar Bello and other Forum participants

Earlier, Indonesian Chamber of Commerce President Eddy Ganefo highlighted his country’s trade and economic relations with Turkey and expressed hope that such strategic cooperation will continue to strengthen.

In his welcome speech, the representative of the organizers of the Economic and Business Forum, Dr Mohammed Obied, said that Turkey, with its geostrategic location, is capable of playing a major role in establishing trade relations between men of affairs of Nigeria, Turkey and Indonesia.

He noted that tripartite business and investment cooperation between the three countries was potentially important given their size and with a combined population estimated at over 500 million.

Obied instructed the assembly not only to identify business and investment opportunities, but also to focus on the mechanism to make them work by making and executing all deals made.

The Turkish-Nigerian and Indonesian Forum is organized to raise awareness of investment and business opportunities for all countries.

It is also about improving the interaction between their business communities and attracting the attention of the private sector in all countries to areas of mutually beneficial investment opportunities.

Source: NAN

Short Link:


NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @

Recent Posts

Marriott International signs agreement with The Red Sea Development Company to integrate St. Regis Hotels & Resorts and EDITION into the Red Sea project in Saudi Arabia Kogi Assembly okays over N30bn supplementary budget for 2021 Bayern Munich were not interested in joining Super League, club president says Assange lawyer argues WikiLeaks founder still suicide risk Stop vandalising, stealing our equipment, KEDCO pleads Sudan’s anti-coup protests draw heavy handed crackdown China opposes any contacts between U.S., Taiwan – Ministry VC4A and ABAN Announce New Partnership with UK Government While Preparing for Early Stage Africa Investor Summit # AESIS2021 Plateau Speaker Abok impeached – Daily Nigerian Canon Launches ‘Moments that Matter’ Photography Contest with HIPA and Expo 2020 Dubai to Drive Positive Change China has fulfilled its WTO commitments – Ministry 92,000 electricity customers metered in South East – EEDC COVID-19: Sputnik V, Nasal vaccine likely to ensure full protection – Research Boosting industrial manufacturing to accelerate economic growth and development in Nigeria, says African Development Bank director Italy agrees on new measures to speed up economic recovery FC Barcelona finally fire Coach Koeman Breakfast Club Africa coaches featured in Thinkers50 World’s 50 Best Coaches List Liquid Intelligent Technologies and Orange Partner to Extend Network Reach Across Africa and Build a Safer Digital Society Buhari, Tinubu, Dangote, others perform Lesser Hajj President of the Republic of Sierra Leone applauds AU pavilion design at Expo 2020 Dubai African civil society organizations face severe resource shortages as demand for their services increases, new report finds COVID-19: NCDC announces 166 additional infections, total now 211,496 Tracer une voie pour l’Afrique ; Les entreprises et les décideurs africains devraient décrire la transition énergétique et les politiques ESG lors de la Semaine africaine de l’énergie au Cap (Par Tobi Karim) FC Barcelona fires Koeman – NEWS AGENCY OF NIGERIA Beyond Greatness – a revolutionary new brand identity unveiled for the 2023 FIFA Women’s World Cup Australia and New Zealand Vertiv Introduces NetSure 230V UPS Series, Maximizing Availability of AC and DC Loads in 5G Applications in Asia, EMEA and Latin America Energy Capital & Power Announces New Dates for MSGBC, Oil, Gas & Power 2021 Conference & Exhibition Autochek Secures $13.1mn Seed Funding to Scale its Technology and Accelerate Expansion B2Gold unwavering in its commitment to investment and sustainability in Africa University of Aberdeen sets to return Benin Bronze at a handover ceremony Today Leverage AfCFTA to grow insurance sector, AIO president charges insurers Centre seeks capacity building for Organisations of Persons With Disabilities NiMet predicts weather conditions for 3 days Cleric calls for diversification of economy to tackle hike in food items Commission seeks synergy with state agencies to strengthen subnational investments Senate investigates budget utilisation by army FG restructures FHA management for effective service delivery Armed Forces Reform: Army pledges cooperation with implementation c’ttee NDLEA to establish 6 standard rehab centres – Marwa All set for Anambra governorship election – INEC Police are not overwhelmed by insecurity – Spokesman IMF Team and Democratic Republic of Congo Authorities Reach Staff-Level Agreement on First Extended Credit Facility Review Reps C’ttee endorses NHIS’ insurance programme for individuals, groups G20 members received 15 times more doses of COVID-19 vaccine per capita than countries in sub-Saharan Africa Deregulation will save Nigeria N12trn in 4 years – PPMC REPORT: Boko Haram ‘relocates’ bomb makers to Southern Kaduna forests UNMISS renews confidence through leadership seminar in Eastern Equatoria State Peacekeeper encouraged by ‘warming’ Sudan-South Sudan relations over Abyei Centre LSD urges FG to promote access to justice for citizens Celebration of United Nations Day in Goma: women in the spotlight