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NIGERIA TO LEAD 7.7 TRILLION DOLLAR GLOBAL HALAL MARKET

Vice-President Kashim Shettima has expressed the determination of the country to become number one hub of opportunities in the global halal economy.

Shettima stated this on Wednesday during the Halal Economy Stakeholders Engagement Programme held at the Banquet Hall of the Presidential Villa, Abuja.

He said the nation’s economic and demographic size puts it in a vintage 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.

The Vice-President noted, however, that Nigeria must first reassess its weaknesses and prioritise its strength to achieve this economic feat.

Shettima also commended the private sector for its immense contributions to driving the halal economy, particularly in the financial sector.

Shettima described halal as an economy that accommodates all actors and stakeholders.

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