We’re targeting $5bn trade volume with Nigeria – Erdogan

Tinubu and Erdogan in Turkey

By JAMIU JAMODU

President Recep Tayyip Erdogan of the Republic of Turkiye on Tuesday in Ankara, reaffirmed his country’s commitment to a $5 billion trade volume target with Nigeria.

He said discussions on the deal have already commenced.

President Erdogan stated this at a joint press briefing with President Bola Tinubu in the course of the State Visit of the Nigerian President to Turkiye.

He said the establishment of the Joint Economy and Trade Committee between the two countries will create opportunities for an expansion and support for Turkish investments in Nigeria in order to meet the target.

President Erdogan praised the commitment, will and determination of President Tinubu in attracting investment to the country, describing the presence of several ministers and high-ranking officials as the clearest indication of this determination.

He said: “Today, we conducted a comprehensive review of our relations with the esteemed president and his delegation in the fields of trade, investments, energy, education and defence industry.

“Firstly, we see that we have significant potential in the fields of trade and investment. In today’s meetings, our commitment is to the target of $5 billion trade volume, and we discussed the steps that need to be taken.

“We also discussed opportunities to support our investments in Nigeria. We believe that the Joint Economy and Trade Committee, which we agreed to establish today, will be instrumental in this regard.”