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Nigeria Turns to Turkey for Investment and Security Support in $5 Billion Mega Deal

Nigeria has moved to deepen ties with Turkey through a package of investment, trade and security agreements aimed at boosting foreign capital inflows and strengthening defence cooperation. The agreements were signed during President Bola Tinubu’s visit to Ankara and were reported by Reuters.

At the centre of the partnership is a plan to raise bilateral trade to $5 billion, up from about $2 billion, through expanded investment and commercial collaboration. Both countries agreed to strengthen cooperation via a Joint Economic and Trade Committee to fast-track projects and remove barriers to business, The Nation online noted.

The deals also cover security and defence cooperation, with Turkey pledging support for military training, intelligence sharing and counter-terrorism efforts as Nigeria seeks to address persistent security challenges. Turkish President Recep Tayyip Erdoğan said Ankara was ready to support Nigeria’s stability and economic growth.

According to Hurriyet daily news, the agreements are expected to unlock new Turkish investments in Nigeria’s manufacturing, energy and infrastructure sectors, supporting job creation and diversification. Analysts noted that the move reflects Nigeria’s broader strategy to attract non-Western investment partners while strengthening security cooperation.

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