Turkey, Nigeria Plan to Sign Mining, Hydrocarbons, Energy Deals – Minister

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Daniel Terungwa

Turkey’s energy and natural resources minister Faith Donmez has said that Turkey and Nigeria are planning to sign three agreements in the hydrocarbon, mining and energy sectors during Turkey’s President Recep Tayyip Erdogan official visit to Nigeria.

The country’s president is scheduled to pay an official visit to Nigeria later this month during which the agreement will be signed.

Donmez disclosed this recently after the fifth term of the Turkey-Nigeria joint economic commission meeting.

“We reviewed existing trade and economic relations and future investment opportunities and exchanged views on developing bilateral trade and improving the investment environment.”

The minister said that the officials from the two countries discussed cooperation opportunities in the fields of energy and mining as well as industry, technology, agriculture, transportation, health, education, culture, tourism and sports.

“We have identified areas of work for cooperation in the coming period, exchanged ideas on what we can do about them and started preparations,” he added.

The oil companies of the two countries will evaluate their investments and cooperation options for future projects together.

Nigeria, Africa’s largest oil producer, is among turkey’s oil and gas suppliers as Nigeria continues to be the country’s largest trading partner in Sub-Saharan Africa.

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