Nigeria plans to launch a strategy targeting a $1.5bn GDP boost in the $7tn global Halal market by 2027.

Nigeria's government plans to launch a strategy aimed at becoming a key player in the $7 trillion global Halal market, with an expected GDP boost of $1.5 billion by 2027. This initiative focuses on increasing Halal exports and strategic import substitution, engaging government agencies, private sector leaders, and international partners. The effort aims to diversify the economy and capitalize on Nigeria's position as the eighth-largest domestic Halal economy globally.

September 16, 2024
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