Nigeria and Turkey have set a ambitious trade target of $5 billion, with President Recep Tayyip Erdogan expressing optimism that the goal is achievable.
The two countries currently have a trade volume of $2 billion, with Turkey exporting planes, helicopters, machinery, and chemical products to Nigeria, while Nigeria exports crude oil and agricultural products to Turkey.
During a joint press briefing, President Erdogan highlighted the potential for growth, citing the establishment of a Joint Economy and Trade Committee to boost Turkish investments in Nigeria.
President Bola Tinubu praised Turkey’s willingness to collaborate on global issues, emphasizing the importance of creating an inclusive economy and promoting peace and stability in Africa.
The two leaders also discussed cooperation in defence, energy, and education, with nine agreements signed, including deals on defence cooperation, halal quality infrastructure, and higher education.
President Erdogan pledged Turkey’s support in tackling insurgency in Nigeria, sharing its experience in combating terrorism [3].
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