Diaspora Community in Turkey Pushes for Increased Investment Flow into Nigeria

The Nigerian community in Turkey has intensified efforts to attract foreign direct investment into Nigeria, reinforcing the country’s position as a key destination for international investors. This initiative is part of a broader strategy to support Nigeria’s economic recovery and expand investment opportunities across critical sectors.

Prince Magbo, President of the Nigerian Community in Turkey, led the engagement, which brought together Nigerian diaspora leaders and Turkish business figures. The meeting was aimed at creating pathways for investors to enter Nigeria’s market and explore long-term business partnerships.

Representatives from Kain Real Estate, Food and Textile Investment Industry and Trade Inc., led by Chairperson Mrs. Ebru Kain, attended the meeting. The presence of a senior representative from global oil companies, Ms. Arzu Cengiz, further underscored the interest in Nigeria’s energy sector and its potential for expansion.

The meeting was described by Prince Magbo’s office as a deliberate and strategic effort to position Nigeria as an attractive investment destination. The engagement focused on identifying opportunities where foreign capital could be channeled into projects that stimulate economic growth and create jobs.

Prince Magbo emphasized that the initiative aligns with Nigeria’s Renewed Hope Agenda, which aims to revitalize the economy through strategic foreign partnerships and sustainable development. He highlighted the importance of building investor confidence and improving the country’s investment climate.

During the discussions, Nigeria’s vast investment potential was underscored, particularly in areas such as oil and gas, construction, precious metals, and real estate. Prince Magbo assured the investors that Nigeria is ready to welcome credible international businesses and provide necessary support for their operations.

The investors expressed strong interest in Nigeria and pledged to visit the country soon to explore available opportunities. Their commitment signals growing international confidence in Nigeria’s market and could pave the way for increased foreign investment in the coming months.