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Nigeria to exploit $7 trillion global Halal market

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The Nigerian government says it targets $1.5 billion GDP through strategic initiatives by 2027.

SPECIAL REPORT: Antimicrobial resistance crisis heightens in Nigeria, other countriesECOWAS standby force: New wine in old wine skin , By Jideofor AdibeSPECIAL REPORT: Antimicrobial resistance crisis heightens in Nigeria, other countriesECOWAS standby force: New wine in old wine skin , By Jideofor AdibeThe project is part of initiatives to diversify the economy and tap into the burgeoning global Halal market- products and services that meet Islamic standards of permissibility and embody ethics,...

“By increasing our Halal exports and focusing on strategic import substitution, we project an addition of nearly $1.5 billion to our GDP by 2027,” Mr Sheriff said. Mr Sheriff added that a strategic focus on the Halal economy opens up new avenues for Nigerian businesses to compete on the global stage.

 

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Nigerian government to tap from $7trn global Halal marketThe Federal Government has evolved a strategy to tap into the seven trillion dollars of burgeoning global Halal market products and services.
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