• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 2, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Federal Gov’t Exploits $7trn Global Halal Market

…Targets $1.5bn GDP through strategic initiatives by 2027

by Jonathan Nda-Isaiah
11 months ago
in Business
Halal economy
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian government will on Wednesday launch a comprehensive strategy to position the country as a leading player in the Halal economy.

Advertisement

The project is part of initiatives to diversify the economy and tap into the burgeoning global Halal market- products and services that meet Islamic standards of permissibility and embodies ethics, integrity, and universal values that resonate across cultures and regions.

Speaking on Monday ahead of Wednesday’s Halal Stakeholders Engagement Programme billed to hold at the State House Conference Centre in Abuja, special assistant to the President on Export Expansion, (Office of the Vice President), Aliyu Bunu Sheriff, said the initiative will bring together government agencies, private sector leaders, and international partners with a view to capitalising on Nigeria’s position as the eighth-largest domestic Halal economy globally.

“The Halal economy represents a tremendous opportunity for Nigeria to diversify our economy, generate foreign exchange, and achieve sustainable growth.

“By increasing our Halal exports and focusing on strategic import substitution, we project an addition of nearly $1.5 billion to our GDP by 2027,” Sheriff said.

RELATED

Business Summit Partners UWEAL To Empower African Entrepreneurs

Business Summit Partners UWEAL To Empower African Entrepreneurs

6 hours ago
New Dangote Refinery CEO Reveals Plan To Expand Plant’s Operations

New Dangote Refinery CEO Reveals Plan To Expand Plant’s Operations

11 hours ago

According to a statement by the spokesman of the vice president, Stanley Nkwocha, the presidential aide noted that the Halal economy extends beyond religious compliance, embodying principles of ethics, integrity, and quality that resonate across cultures.

“The success of Sukuk bonds and the growing appeal of Islamic banking demonstrate that Halal principles are compatible with global economic standards and can benefit all Nigerians,” he explained.

Sheriff added that strategic focus on the Halal economy opens up new avenues for Nigerian businesses to compete on the global stage.

“It’s not just about tapping into a market; it’s about elevating our standards and practices to world-class levels,” he pointed out.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Halal Market
SendShareTweetShare
Previous Post

Arewa Group Hails Military Onslaught Against Terrorist Leaders

Next Post

FAAC Distributes N3.473trn To FG, States, LGs In Q2 – NEITI

Jonathan Nda-Isaiah

Jonathan Nda-Isaiah

You May Like

Business Summit Partners UWEAL To Empower African Entrepreneurs
Business

Business Summit Partners UWEAL To Empower African Entrepreneurs

2025/08/02
New Dangote Refinery CEO Reveals Plan To Expand Plant’s Operations
Business

New Dangote Refinery CEO Reveals Plan To Expand Plant’s Operations

2025/08/02
FUEL CRISIS…Hold Marketers Responsible For Long Queues – Dangote
Business

Dangote Refinery Appoints David Bird As CEO

2025/08/02
Nestlé Equips Over 3.7m Children In 2023
Business

Nestle Nigeria Deepens Grassroots Impact With Women Empowerment Initiative

2025/08/02
Wema Bank Rewards 131 Customers With N11m In ‘5 For 5’ Promo Monthly Draw
Business

Wema Bank Grows Profit by 231% in H1 2025

2025/08/02
United Capital Appoints Uche Ike As New Chairman
Business

United Capital Appoints Uche Ike As New Chairman

2025/08/02
Leadership Conference advertisement

LATEST

Gov Sani Distributes 400 Trucks Of Fertilizer To 100,000 Kaduna Farmers

Police Clash With Community Over Land Dispute In Abuja

Zulum Allays Borno Residents’ Fears Over Alau Dam

Police Summon Sowore For Alleged Forgery, Inciting Disturbance

Tinubu Celebrates Ex-VP Sambo At 71

NSE President Urges Stronger Nigeria–Japan Synergy For Infrastructure Dev’t

Police Nab 2 Suspected Cultists, Recover Arms In Akwa Ibom

PICTORIAL: Kano Women Protest Against Violent Activities Of ‘Yan Daba’ Gang

Ex-Minister Dalung Faults Tinubu’s Endorsement At Ahmadu Bello Memorial Confab

JUST-IN: Nurses Suspend Strike After Federal Govt’s Commitment To Demands

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.