The Federal Government is set to launch a comprehensive strategy to position Nigeria as a leading player in the $7 trillion global Halal economy.
This is according to Aliyu Sheriff, the Special Assistant to the President on Export Expansion.
The Halal market includes food and beverages, fashion, cosmetics, tourism and even fertiliser. It also includes everything related to a respectful, healthy lifestyle, according to Islamic practices.
Also Read: Exploring Everything From The Economy To Government Spending To Foreign Policy and More
It also includes having restaurants and hotels with only Halal food, no alcohol served anywhere, hotels with prayer rooms, beaches and pools exclusive to women.
Mr Sheriff said the project, which will be launched on Wednesday, is part of initiatives to diversify the economy and tap into the burgeoning global Halal market.
He added that it is expected to contribute an addition of nearly $1.5 billion to Nigeria’s GDP by 2027.
Leave feedback about this
You must be logged in to post a comment.