Dr Herbert Ajayi, National President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), on Tuesday said that trade between Nigeria and Turkey had improved.
Ajayi disclosed this at the opening ceremony of Lagos Fashion Exhibition in Lagos.
He said that the value of trade between the two countries was 823.2 million dollars in 2011 against 602.5 million dollars in 2010, reflecting 36.6 per cent increase.
The chamber boss said that the fashion exhibition would enhance improved bilateral trade between Nigeria and Turkey.
Dr Herbert Ajayi, National President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), on Tuesday said that trade between Nigeria and Turkey had improved.
Ajayi disclosed this at the opening ceremony of Lagos Fashion Exhibition in Lagos.
He said that the value of trade between the two countries was 823.2 million dollars in 2011 against 602.5 million dollars in 2010, reflecting 36.6 per cent increase.
The chamber boss said that the fashion exhibition would enhance improved bilateral trade between Nigeria and Turkey.
“Globally, there is the general acceptance and adoption of trade liberalisation policy as an enhancer of free-flow trading among nations.
“Nigeria constitutes a large market in Africa with enough potential for profitability of foreign direct investment.
“There is enormous investment opportunities in all productive sectors of our economy which Turkish businessmen could take utmost advantage of, ‘’he said.
Mr Bulent Freik, Commercial Counsellor, Turkish Embassy in Nigeria, said that the Republic of Turkey enjoyed reliable business relationship with Nigeria in the last one decade.
He said that Nigeria was recording economic growth in spite of the global credit crunch.
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