‘How Nigeria can leverage $6.7tr halal market for industrial devt’

September 15, 2021 The Guardian 0 Comments

Stakeholders across trade associations, government agencies, religious leaders and captains of industry are seeking leeway for Nigeria in the $6.7 trillion halal economy backed by a growing global population.
Halal, an Arabic word meaning permissible, according to Islamic Sharia law, and can refer to both goods and services acceptable to Muslims has been in the spotlight as the industry comes to limelight with standards, which cut across sectors of the economy, especially food processing, and others from medicines to cosmetics.

Most of the stakeholders, who gathered at the Halal Expo Nigeria 2021 to discuss “Understanding the Nigeria Halal Market,” noted that the country could significantly jumpstart industrial development through the market, considering the nation’s consumer population. Read More.

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