Nigeria Open to Investment, Tinubu Tells Türkiyeb

President Bola Tinubu has said Nigeria and Türkiye have agreed to fast-track cooperation in trade, energy and defence as part of efforts to boost job creation, investment and shared prosperity between both countries.

The President disclosed this on Tuesday via his official X handle during his ongoing state visit to Ankara, where he held bilateral talks with Turkish President Recep Tayyip Erdoğan.

According to Tinubu, discussions focused on deepening bilateral relations and delivering tangible economic benefits to citizens of both nations.

“President Recep Tayyip Erdoğan and I reaffirmed our shared ambition, which speaks directly to jobs, investment and opportunity for our people,” Tinubu said.

He revealed that both leaders agreed to expand trade volumes and dismantle structural barriers hindering business growth, with a clear target of increasing bilateral trade to five billion dollars.

“We are creating a clear pathway to a five-billion-dollar trade volume between Nigeria and Türkiye,” the President stated.

Tinubu described the talks as practical and forward-looking, covering key areas such as trade and investment, energy, education, defence cooperation, peace and security.

He announced the establishment of a Joint Economy and Trade Committee to drive implementation of agreements and attract fresh investments.

“The creation of a Joint Economy and Trade Committee will unlock new flows of capital,” Tinubu said, adding that the body would support industrial growth, technology transfer and stronger private-sector participation.

The President welcomed President Erdoğan’s acknowledgement of Nigeria’s ongoing economic reforms, particularly in the energy and investment sectors, noting that the recognition reflects growing confidence in Nigeria’s reform agenda.

“We are determined to build an economy that works for everyone, including the most vulnerable,” he said.

On regional security, Tinubu reaffirmed Nigeria’s commitment to peace and stability across Africa, while highlighting Türkiye’s experience in counter-terrorism and defence cooperation.

“Türkiye’s experience and readiness to cooperate in training, intelligence sharing and counter-terrorism strengthen our resolve,” he said.

At the end of the meeting, nine bilateral agreements were exchanged, covering defence, education, media cooperation, diaspora policy, trade facilitation, social development and institutional collaboration.

Tinubu reiterated that Nigeria remains open to serious partnerships and committed to inclusive growth, peaceful coexistence and active global engagement.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *