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Nigeria can be leading hub for $7.7trn Global Halal Market–VP Shettima

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Vice President Kashim Shettima has tipped Nigeria to become the number one hub of opportunities in the global halal economy. He said the nation's economic and demographic size puts it in a vantage position to map out a vibrant investment sector for the global halal economy projected to reach a market value of $7.

Vice President Kashim Shettima has tipped Nigeria to become the number one hub of opportunities in the global halal economy. He said the nation's economic and demographic size puts it in a vantage position to map out a vibrant investment sector for the global halal economy projected to reach a market value of $7.7 trillion by 2025. Shettima stated this on Wednesday, during the Halal Economy Stakeholders Engagement Programme held at the Banquet Hall of the Presidential Villa, Abuja.

His words: 'To ensure this, we must attract international investment by showcasing the vast opportunities within Nigeria's halal sector through investor summits, roadshows, and business matchmaking events. 'The expansion of regional trade, particularly through the African Continental Free Trade Area , also provides us with a pathway to become a leading supplier of halal goods and services across Africa.

 

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