Nigeria Launches National Halal Economy Strategy

President Bola Tinubu, represented by Vice President Kashim Shettima, officially launched Nigeria's National Halal Economy Strategy in Abuja. This policy aims to position Nigeria within the $7.7 trillion global halal market, covering sectors like food, pharmaceuticals, cosmetics, logistics, tourism, and Islamic finance. The strategy is projected to add $1.5 billion to Nigeria's GDP by 2027 through increased halal exports and import substitution. The initiative follows an agreement signed with Turkey on halal quality infrastructure to improve standards and certification. The Nigeria===Senate of Nigeria has praised the strategy, pledging legislative support. Dr. Jumoke Oduwole, Minister of Industry, Trade and Investment, will chair the policy's oversight committee, with Aliyu Sheriff, Special Assistant to the President on Export Expansion, highlighting its potential for economic growth and foreign exchange generation.