MA 30 Assessment of Turkey-Nigeria Trade Relations from 2000 – 2018

Assessment of Turkey-Nigeria 

Trade Relations from 2000 – 2018 

 

OPUSUNJU, Michael Isaac, Ph.D. 
INIM, E. Victor, Ph.D.
AKYUZ, Murat, Ph.D 


Abstract: The study assesses Nigeria – Turkey trade relations from 2000-2018. The study adopted the ex-post facto research design. Data on imports from Turkey to Nigeria and export from Nigeria to Turkey were documented on the website of the National Bureau of statistics from 2000 to 2018. The study used a T-test to analyzed the data and the findings showed that the Nigerian government benefited more from trade relations with Turkey while the Turkish government benefited less from trade relations with Nigeria. The study recommended that the Nigerian Government should increase the volume of export of goods to Turkey. They should continue to focus on the export of agricultural output to Turkey since the Nigerian government benefited more Also, the Turkish Government should re-strategies on how to gain more from engaging in import trade with the Nigerian government. They should use the advantage that their currency is more appreciated than Nigerian currency to gain from trade relations with Nigeria.

Keywords: Trade Relations, Export, and Import 

Akyuz, M., Inim, E. V., & Opusunju, M. I. (2020, March). Assessment of Turkey-Nigeria Trade Relations from 2000 – 2018. International Journal of Managerial Studies and Research (IJMSR), 8(3), 27-33. doi:http://dx.doi.org/10.20431/2349-0349.0803003


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