Close Menu
  • Home
  • News
    • Just In
  • Agriculture
  • Culture
  • Health
  • Interviews
  • More
    • Politics
    • Environment
    • Opinion
    • Videos
Latest Posts

Nigeria Eyes Bigger Share of Global Halal Trade

February 6, 2026

INEC Registers Two New Political Parties in Nigeria

February 6, 2026

Hajj 2026 Pilgrims Data Collection End February 8- Saudi Arabia

February 6, 2026
Facebook X (Twitter) Instagram
FACTSTREAM NEWSFACTSTREAM NEWS
  • Home
  • News
    1. Just In
    2. View All

    INEC Registers Two New Political Parties in Nigeria

    February 6, 2026

    Nigeria Eyes Bigger Share of Global Halal Trade

    February 6, 2026

    Police, NGOs to Combat Hate Speech in Kano

    February 3, 2026

    Kano Police Arrests 3 Suspects Over Housewife, 6 Children

    January 18, 2026

    Kano Health Authorities Launch Probe in to Hospital Negligence Claims

    January 13, 2026
  • Agriculture
  • Culture

    KANFEST 2025: Kano Celebrates Vibrant Arts, Culture

    October 25, 2025
  • Health

    Kano NAWOJ Celebrates Khadijah Aliyu’s Award-Winning Health Reporting

    February 3, 2026

    Kano Government Fights Polio with Ward Committee Teams

    October 31, 2025

    Nigeria Rolls out Plans to Combat Malaria Drugs Resistance

    October 26, 2025
  • Interviews
  • More
    1. Politics
    2. Environment
    3. Opinion
    4. Videos
    5. View All

    INEC Registers Two New Political Parties in Nigeria

    February 6, 2026

    Tinubu Celebrates Governor Yusuf 63rd

    January 5, 2026

    Kano Deputy Gov Gwarzo Cheers Gov Yusuf 63rd- Calls Peace, Unity

    January 5, 2026

    Kano State Assembly Loses Two Lawmakers

    December 24, 2025
FACTSTREAM NEWSFACTSTREAM NEWS
Home » Nigeria Eyes Bigger Share of Global Halal Trade
Business

Nigeria Eyes Bigger Share of Global Halal Trade

EditorBy EditorFebruary 6, 2026
Share Facebook Twitter WhatsApp LinkedIn Telegram Email
IMG 1300

The  President outlined what he described as clear and measurable ambitions set by the Strategy, including “expanding halal-compliant food exports, developing pharmaceutical and cosmetic value chains, positioning Nigeria as a halal-friendly tourism destination, and mobilising ethical finance at scale,” by 2030.

The cumulative efforts, according to him, “are projected to unlock over twelve billion dollars in economic value, while strengthening food security, deepening industrial capacity, and creating opportunities for small-and-medium-sized enterprises across our states.”

Religious Affiliation

Allaying concerns by those linking the halal with religious affiliation, VP Shettima pointed out that the global halal economy has since outgrown parochial interpretations.

He said, “It is no longer defined solely by faith, but by trust, through systems that emphasize quality, traceability, safety, and ethical production. These principles resonate far beyond any single community.

“They speak to consumers, investors, and trading partners who increasingly demand certainty in how goods are produced, financed, and delivered. It is within this broader understanding that Nigeria now positions itself.”

He listed developed countries, including the United Kingdom, France, Germany, the Netherlands, the United States, Canada, Australia, and New Zealand, saying they are currently among leading producers, certifiers, and exporters of halal food, pharmaceuticals, cosmetics, and financial products.

The Nigerian Leader noted that what these developed nations have experienced is a confirmation of a simple truth, that “the halal economy is a global market framework rooted in standards, safety, and consumer trust, not geography or belief.”

He explained that while the Nigeria National Halal Economy Strategy is the result of careful study and sober reflection, it was inspired by the commitment of the current administration to diversify exports, attract foreign direct investment, and create sustainable jobs across the federation.

“It is also the product of deliberate partnership, developed with the Halal Products Development Company, a subsidiary of the Saudi Public Investment Fund, alongside Dar Al Halal Group Nigeria, with technical backing from institutions such as the Islamic Development Bank and the Arab Bank for Economic Development in Africa,” he added.

Collaboration

Commenting on the unveiling, Chairperson of the National Halal Strategy Committee and Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, said the launch of the Nigeria National Halal Strategy by the President is a public-private collaboration that has involved extensive interaction with stakeholders.

She noted that the private sector led the charge in ensuring that it is a whole-of-government and whole-of-country intervention, with the Office of the Vice President coordinating all ministries, departments, and agencies, while the Federal Ministry of Industry, Trade and Investment played a pivotal role.

The minister stressed that what the Halal Strategy has done for Nigeria is to position Nigeria among countries that export Halal-certified goods across the world.

“We are going to leverage the African Continental Free Trade Area (AfCFTA) to ensure we export our Halal-friendly goods to the rest of Africa and beyond to any willing markets; participation is voluntary,” she added, assuring that as chairperson, her ministry would deliver on the objectives of the strategy for the prosperity of the nation.

The Chairman of Dar Al-Halal Group Nigeria Limited, Alhaji Muhammadu Ladan, expressed satisfaction that the Halal Product Development Company collaborated with the group in developing the National Halal Economy Strategy.

He added that, in addition to the strategy, an export programme is underway involving the Ministry of Trade and Investment, through which Nigerian companies can be on boarded into the Saudi Arabian market and beyond.

The French Ambassador to Nigeria, Marc Fonbaustier, represented by Carole Lebreton, Financial Counsellor at the French Embassy in Nigeria, said the Halal Strategy is also key to Nigeria–France relations, as the French government explores more ways to build socio-economic bridges with Nigeria.
Clear Ambitions

The President outlined what he described as clear and measurable ambitions set by the Strategy, including “expanding halal-compliant food exports, developing pharmaceutical and cosmetic value chains, positioning Nigeria as a halal-friendly tourism destination, and mobilising ethical finance at scale,” by 2030.

The cumulative efforts, according to him, “are projected to unlock over twelve billion dollars in economic value, while strengthening food security, deepening industrial capacity, and creating opportunities for small-and-medium-sized enterprises across our states.”

Religious Affiliation

Allaying concerns by those linking the halal with religious affiliation, VP Shettima pointed out that the global halal economy has since outgrown parochial interpretations.

He said, “It is no longer defined solely by faith, but by trust, through systems that emphasize quality, traceability, safety, and ethical production. These principles resonate far beyond any single community.

“They speak to consumers, investors, and trading partners who increasingly demand certainty in how goods are produced, financed, and delivered. It is within this broader understanding that Nigeria now positions itself.”

He listed developed countries, including the United Kingdom, France, Germany, the Netherlands, the United States, Canada, Australia, and New Zealand, saying they are currently among leading producers, certifiers, and exporters of halal food, pharmaceuticals, cosmetics, and financial products.

The Nigerian Leader noted that what these developed nations have experienced is a confirmation of a simple truth, that “the halal economy is a global market framework rooted in standards, safety, and consumer trust, not geography or belief.”

He explained that while the Nigeria National Halal Economy Strategy is the result of careful study and sober reflection, it was inspired by the commitment of the current administration to diversify exports, attract foreign direct investment, and create sustainable jobs across the federation.

“It is also the product of deliberate partnership, developed with the Halal Products Development Company, a subsidiary of the Saudi Public Investment Fund, alongside Dar Al Halal Group Nigeria, with technical backing from institutions such as the Islamic Development Bank and the Arab Bank for Economic Development in Africa,” he added.

Collaboration

Commenting on the unveiling, Chairperson of the National Halal Strategy Committee and Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, said the launch of the Nigeria National Halal Strategy by the President is a public-private collaboration that has involved extensive interaction with stakeholders.

She noted that the private sector led the charge in ensuring that it is a whole-of-government and whole-of-country intervention, with the Office of the Vice President coordinating all ministries, departments, and agencies, while the Federal Ministry of Industry, Trade and Investment played a pivotal role.

The minister stressed that what the Halal Strategy has done for Nigeria is to position Nigeria among countries that export Halal-certified goods across the world.

“We are going to leverage the African Continental Free Trade Area (AfCFTA) to ensure we export our Halal-friendly goods to the rest of Africa and beyond to any willing markets; participation is voluntary,” she added, assuring that as chairperson, her ministry would deliver on the objectives of the strategy for the prosperity of the nation.

The Chairman of Dar Al-Halal Group Nigeria Limited, Alhaji Muhammadu Ladan, expressed satisfaction that the Halal Product Development Company collaborated with the group in developing the National Halal Economy Strategy.

He added that, in addition to the strategy, an export programme is underway involving the Ministry of Trade and Investment, through which Nigerian companies can be on boarded into the Saudi Arabian market and beyond.

The French Ambassador to Nigeria, Marc Fonbaustier, represented by Carole Lebreton, Financial Counsellor at the French Embassy in Nigeria, said the Halal Strategy is also key to Nigeria–France relations, as the French government explores more ways to build socio-economic bridges with Nigeria.

 

VON

Bigger Eyes Global Halal Nigeria Share Trade
Share. Facebook Twitter WhatsApp LinkedIn Telegram
Previous ArticleINEC Registers Two New Political Parties in Nigeria
Editor

Related Posts

Africa

INEC Registers Two New Political Parties in Nigeria

February 6, 2026
Business

NEMA, Stakeholders to Strengthen 2026 Emergency Preparedness in Kano

February 6, 2026
Business

Police, NGOs to Combat Hate Speech in Kano

February 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Latest Posts

Kano NAWOJ Celebrates Khadijah Aliyu’s Award-Winning Health Reporting

February 3, 202612 Views

Nigerian President Swears in New INEC Chairman, Urges Credible Elections

October 24, 202511 Views

Kano Governor Congratulates Professor Gwarzo on 48th Birthday Milestone

January 2, 20269 Views

Kano Unveils Plan for Humanitarian Aid Support Fund

December 25, 20259 Views

Kano NUJ Correspondents Chapel Celebrate Excellence, Service with Award Night

December 30, 20258 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
© 2026 FactStream News. Developed by ENGRMKS & CO..
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.