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.
According to a statement by Presidential spokesman, Bayo Onanuga, President Erdogan stated this during a joint press briefing with President Bola Tinubu during the State visit of the Nigerian President to Turkiye.
He said the establishment of the Joint Economy and Trade Committee between the two countries would create opportunities for expansion and support Turkish investments in Nigeria 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.
“Firstly, we see that we have significant potential in the fields of trade and investment. In today’s meetings, our commitment is to the $5 billion trade volume target, and we discussed the steps needed.
“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.”
President Erdogan hailed the Nigerian President’s strides in the energy sector, which has resulted in the restructuring of the country’s economy.