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.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Read more »
Shettima seeks Tanzania’s cooperation for Africa’s growthVice President Kashim Shettima, yesterday, called for strengthened cooperation between Nigeria and Tanzania in shared
Read more »
Nigeria seeks stronger diplomatic, trade ties with TanzaniaVice President Kashim Shettima has called for strengthened cooperation between Nigeria and Tanzania.
Read more »
Capital market crucial to Nigeria’s trillion-dollar economy target — ShettimaVice President Kashim Shettima has underscored the crucial role the Nigerian capital market must play in the realisation of the target of the President Bola Ahmed Tinubu administration to create a trillion-dollar economy. “We are now in a knowledge-driven age; without the skill set, we cannot make much progress.
Read more »
BPP saves N1.7trn from fraudulent procurement processes — GbajabiamilaThe Chief of Staff to the President, Femi Gbajiabiamila, has heaped praise on the Bureau of Public Procurement, BPP, for helping to block loopholes through which the country would have been fleeced of N1.7 trillion on account of procurement processes. He said the funds were saved between 2009 and 2022.
Read more »
Nigeria to exploit $7 trillion global Halal marketThe Nigerian government says it targets $1.5 billion GDP through strategic initiatives by 2027.
Read more »