Nigeria has signed a strategic cooperation agreement with Saudi Arabia’s Halal Products Development Company (HPDC) to position itself as a major player in the global halal market, which is valued at $7.7 trillion.

The agreement, signed at the Makkah Halal Forum in Saudi Arabia would promote investment, technical collaboration, and market access across key sectors such as food production, pharmaceuticals, finance, and livestock.

Vice President Kashim Shettima, represented at the event by Deputy Chief of Staff to the President, Office of the Vice President, Senator Ibrahim Hassan Hadejia, described the deal as a transformative step for Nigeria’s economy.

https://thenationonlineng.net/nigeria-saudi-arabia-sign-pact-to-on-7-7tr-halal-economy/