Nigeria and Turkey have signed bilateral ties on economic and industrial cooperation.
The leaders of both countries, President Mohammadu Buhari and President Recep Tayyip Erdogan, made the disclosure at a joint press conference at the State House, Abuja yesterday.
Erdogan was on a one day state visit to Nigeria as part of his tour of four African nations.
Already, he had visited Ivory Coast on Monday, Ghana on Tuesday, and is expected to leave Abuja on Wednesday for Guinea on Thursday.
Erdogan stated that he was in Nigeria to woo the Nigeria’s business community to invest in Turkey.
“The country is a regional and global actor. Nigeria is one of the sub-Saharan countries that we see as a strategic partner. We had the opportunity to look into our bilateral relations as well as leading and global developments.
“The agreements and MoUs that we have signed are important instruments that will help improve our relations even further. As we speak our business people are connecting with their Nigerian counterparts.
“I encourage business Turkish people to make investments in Nigeria. Looking at the population of Nigeria and Turkey put together, we are talking about 260million people and this is a very important market.
“Our total trade volume is currently at $1,145billion. Our export is $314million and our import is $831million. As you see the result is to the favour of Nigeria. I believe that if the two countries combine forces making use of our own respective resources, we would be able to come up with even better outcomes.
“I want to call on Nigerian business people to also make investment in Turkey. We are ready to expand all the sectors that we can to them, particularly Turkish construction contracting companies ranks second in the world.
“We are ready to share our experiences particularly in the area of irrigation and agriculture.”
The visiting president who sympathised with Nigeria over many lives lost as a result of the Boko Haram attacks made a commitment to fight alongside Nigeria to ensure the complete defeat of terrorists and terrorism.
He also invited President Buhari for a state visit to Turkey.
President Buhari thanked Mr. Erdogan for his gesture.
Buhari thanked Turkey for assisting Nigeria in the fight against terrorism
He also disclosed that more of the Memoranda of Understanding would be signed by both countries to cement their business relationship.
“We thank you very much for identifying with us and your intention to invest in Nigeria and to get Nigerians to invest in Turkey.
“The MoUs just signed now on trade and economic cooperation and industrial cooperation, with others in the pipeline in terms of energy and security, is just the beginning of what we have in the pipeline. We would continue to draw MoUs and we will subsequently sign them”, President Buhari said.
The President also accepted the invitation of his counterpart to visit Turkey at a later date.


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