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Nigeria Woos Turkey For Investments In Agriculture And Solid Minerals

Nigeria’s Minister of Industry Trade and Investment and some Turkish investors on Wednesday held talks that centred on increasing investments in the solid mineral and … Continue reading Nigeria Woos Turkey For Investments In Agriculture And Solid Minerals


Buhari-ErdoganNigeria’s Minister of Industry Trade and Investment and some Turkish investors on Wednesday held talks that centred on increasing investments in the solid mineral and agriculture sectors of the Nigerian economy.

At the business meeting in Abuja, the Minister, Mr Okechukwu Enelemah, told Turkish businessmen that the Nigerian government would work towards eliminating obstacles preventing foreign investors from coming to Nigeria.

Organisers of the meeting said that it was meant to strengthen an existing business relationship between Nigeria and Turkey.

In their separate remarks, both the Minister of Industry Trade and Investment and the President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) urged the Turkish investors to invest in agriculture and the solid minerals sector of the economy.

The President of NACCIMA, Bassey Edem, requested that the existing trade relations between the two countries be balanced, as Turkey currently had comparative advantage over Nigeria.

The Turkish Government, however, promised to build on a record from NACCIMA which revealed that the trade volume between Nigeria and Turkey stood at $2.3 billion in 2014.